When Cadillac added a new sports utility vehicle called Escalade to the "luxury-oriented" selection at its existing dealers, it was seeking "market development" opportunities.
Answer the following statement true (T) or false (F)
False
Product development means offering new or improved products for present markets. By knowing the present market's needs, a firm may see new ways to satisfy customers.
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Land and a building on the land are purchased for $310,000. The appraised values of the land and building are $66,000 and $264,000, respectively. The cost allocated to the building should be
A) $25,200. B) $109,800. C) $135,000. D) $248,000.
Discrimination is possible in the selection process
Indicate whether the statement is true or false
To which of the following does provincial human rights legislation apply?
A) a provincial Act which prohibits paying welfare to anyone who is not a landed immigrant. B) an employee of Air Canada who was fired because of her race C) an employee of the Bay who was fired because she threatened a sexual harassment complaint against her supervisor. D) an employee of the Bay who was fired for stealing from her employer E) a federal law that can send terrorists back to their country of origin
Upton borrows $150,000 from Valley Credit Union to buy a home, which secures the loan. Three years into the term, Upton stops making payments on it. Valley Credit repossesses and auctions off the property to Wesley. The sale proceeds are not enough to cover the unpaid amount of the loan. In most states, Valley Credit can ask a court for
A. a deficiency judgment. B. a reverse mortgage. C. a short sale. D. nothing.