An inability to pay debts as they become due is known as
a. bankruptcy.
b. solvency.
c. Chapter 13.
d. insolvency.
D
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The return on total assets is calculated by dividing the net income for the year by the average total assets during the year
a. True b. False Indicate whether the statement is true or false
The purpose of test marketing is to:
a. eliminate ideas that are inconsistent with an organization's new-product strategy. b. shorten the development process of a product and reduce costs. c. assess how well various aspects of the marketing mix fit together. d. evaluate a new-product idea before any prototype is created.
Which of the following can lead to an annulment?
A) if one of the parties has breached the promise to marry B) if one or both parties were intoxicated at the time of the marriage C) if one of the parties has children from a prior marriage that was legally terminated D) if both parties failed to sign a prenuptial agreement in advance of their marriage
In which of the following categories would a dry cleaning business be placed?
A. specialty store B. category killer C. superstore D. services retailer E. discount store