Most multi-brand firms have a(n) _______________ of brands that helps to clarify the strategic roles of the brand.


a. Acquisition
b. Allegiance
c. Hierarchy
d. Line extension


c. Hierarchy

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The ratio of cost of goods sold to the average merchandise inventory is called the ____________________

Fill in the blank(s) with correct word

Business

A prior period adjustment can arise from an error found that occurred in a prior period, a change is accounting entity, or a change in accounting principle

Indicate whether the statement is true or false

Business

Notes are long-term loans secured by a lien or mortgage on corporate assets

Indicate whether the statement is true or false

Business

The courts of many states recognize that leased, residential premises must be fit, safe, and

suitable for ordinary residential use. This rule is called: A) The warranty against private nuisance. B) The warranty to maintain the premises. C) The warranty of habitability. D) The warranty of quiet enjoyment. E) The warranty of suitability.

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