Focus groups are small groups of people brought together and guided by a moderator through an unstructured, spontaneous discussion for the purpose of gaining information relevant to the research problem

Indicate whether the statement is true or false


TRUE

Business

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A seller who conceals a defect in a product but who does not affirmatively misrepresent the

quality of the product cannot be sued for intentional misrepresentation. Indicate whether the statement is true or false

Business

Pierre Dupuis was the sole shareholder of Sports Trophies Inc and the business borrowed $500,000 from the TD Bank. Pierre personally guaranteed the loan to the business. The business did well and Peter then sold the business to Jim Hall

Sports Trophies several years later ran into financial difficulties and couldn't make the loan payments to the TD bank. The TD now can A) hold Pierre personally liable for the Sports Trophies debt B) hold only Jim personally liable for the debts of Sports Trophies C) hold both Pierre and Jim personally liable for the debts of Sports Trophies D) not require neither Pierre nor Jim to repay Sports Trophies debts E) can only hold Pierre liable for the amount Sports Trophies owed at the time he sold the business

Business

Which of the following is a possible closing entry?

A. Debit Cash, credit Retained Earnings. B. Debit Dividends, credit Retained Earnings. C. Debit Cash, credit Service Revenue. D. Debit Service Revenue, credit Retained Earnings.

Business

All of the following agreements represent an unreasonable restraint of trade except: A)a combination to create a monopoly

B)an agreement to obtain a "corner" on a market. C) an association of merchants to increase prices. D) a valid restrictive covenant.

Business