Athletic shoes, crystal goblets, and manicures are all examples of goods.
Answer the following statement true (T) or false (F)
False
In addition to promoting tangible goods such as oranges, iPods, and automobiles, advertising helps publicize the intangible services of bankers, beauticians, bike repair shops, bill collectors, and Internet providers. A manicure is an example of an intangible service.
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If a lease is classified as a capital lease because the lease agreement contains a bargain purchase option, the time period to be used by the lessee to amortize the leased property is
A. the lease term. B. the expected economic life of the property. C. the lease term or the expected economic life of the property, whichever is shorter. D. the maximum amortization period for intangible assets.
People in the generation of employees called ______ were born between 1981 and 1999 and look for flexibility and choice in their careers.
A. Gen Xers B. boomers C. traditionalists D. millennials
Identify which of the following statements is true.
A) Reversionary interests of less than 5% are includible in the gross estate. B) A reversionary interest means a chance exists that the property may pass back to the transferor under the terms of the transfer. C) If a reversionary interest exceeds 3% of the property's value, the amount that is included in the estate is not the value of the reversionary interest, but rather the date-of-death value of the gifted property less the value of intervening life estates. D) All of the above are false.
Which of the following is an example of reintermediation?
A) The diamond card of the Futilery Centriono, is issued by invitation only to customers who spend more than $250,000 a year on their shopping card. B) Nanny Duke, a baby products manufacturing company, acquires a list of parents-to-be and showers them with samples of diapers and other baby products to capture a share of their future purchases. C) Kambo, a fashion apparel company that deals directly with customers to sell its products, adds retailers to its supply chain to cater to its target audience in remote geographic locations. D) Rusicwood, a furniture manufacturing firm, starts selling directly to its customers after experiencing a dip in sales due to channel conflicts between retailers. E) Donuts Haven, a fast food chain, expands its menu beyond breakfasts by adding hearty snacks that substitute meals in order to provide competition to the other food chains in the area.