Beck and Carli are married. Carli buys a condominium near Downhill Ski Resort. Beck and Carli each technically own an undivided one-half interest in the condo. This is

A. a joint tenancy.
B. community property.
C. a tenancy in common.
D. a license.


Answer: B

Business

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Primary processes in the value chain are comprised of

a. marketing, legal and accounting services. b. research and development, marketing, supply, design, production, distribution, and information systems. c. research and development, design, supply, production, marketing, distribution and customer service. d. human resources, legal services, information systems and management accounting.

Business

Companies that operate large marketing departments, conduct expensive marketing research, spell out elaborate competitive strategies, and spend huge sums on advertising are using ________ marketing strategies

A) informal B) formulated C) entrepreneurial D) intrepreneurial E) blue ocean

Business

Which one of the following statements is not true regarding depreciation?

A. It is a systematic, rational method of allocating the cost of an asset over its useful life. B. It attempts to match the costs of acquiring an asset to the benefits to be derived from the asset. C. It does not attempt to measure the value of the asset. D. It provides funds for the replacement of the asset through tax savings over the asset's life.

Business

Explain why low switching costs and weakly differentiated products tend to give buyers a high degree of bargaining power.

What will be an ideal response?

Business