A purchase-money security interest in consumer goods is automatically perfected
a. True
b. False
Indicate whether the statement is true or false
True
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We are more likely to purchase ________ under conditions of high involvement and ________ under conditions of low involvement
A) durable goods; nondurable goods B) nondurable goods; durable goods C) staples; impulse products D) impulse products; staples E) emergency products; unsought products
Which ethical principle states that if an action cannot be taken repeatedly, then it's not right to take at all?
A. Universalism B. the Slippery Slope C. the Social Contract Rule D. the Golden Rule
For the past 8 months, Jinan Corporation has experienced a steady increase in its cost per unit even though total costs have remained stable. This cost per unit increase may be due to _____________ costs if the level of activity at Jinan is _______________.
A. variable; decreasing B. variable; increasing C. fixed; decreasing D. fixed; increasing
Which of the following ratios is used to evaluate solvency?
A. Earnings per share (EPS) B. Current ratio C. Fixed asset turnover D. Debt-to-assets