People in the same demographic group generally exhibit similar psychographic profiles
Indicate whether the statement is true or false
FALSE
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Molly and Craig are the original parties to a contract. Craig is obligated to design a Website for Molly. They subsequently make an agreement with Eric that Eric should take the place of Craig and assume all of Craig's rights and duties under the contract. The agreement releases Craig from his obligations under the contract. This agreement is:
a. a novation. b. an accord and satisfaction. c. an assignment. d. a nullification.
A(n) 12% APR with monthly compounding is closest to ________
A) an EAR of 10.14% B) an EAR of 15.22% C) an EAR of 12.68% D) an EAR of 25.36%
An individual has the following recognized gains and losses from disposition of § 1231 assets (all the assets were vacant land): $15,000 gain, $10,000 loss, $25,000 gain, and $2,000 loss. The individual has a $5,500 § 1231 lookback loss. The individual also has a $16,000 net short-term capital loss from the disposition of stock. Which of the following statements is correct?
a. The taxpayer has $5,500 ordinary gain and $6,500 net long-term capital gain. b. The taxpayer has $12,000 net long-term capital gain. c. The taxpayer has $28,000 ordinary gain and $16,000 net short-term capital loss. d. The taxpayer has $5,500 ordinary loss and $6,500 net long-term capital gain. e. None of the above.
Adjusted per-capita GDP does not represent the amount of products consumers can buy in a given country
Indicate whether the statement is true or false