What do tax preparation services, law offices, dental practices, and architects have in common?

What will be an ideal response?


They are all industries classified as part of the service sector.

Business

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Police Officer Paul apprehends a wanted criminal and then demands the $10,000 reward offered by Crime Stoppers. Which of the following statements is true?

a. Police Officer Paul is not entitled to the reward because past consideration is never valid consideration. b. Police Officer Paul is entitled to the reward because he puts his life on the line every day. c. Police Officer Paul is not entitled to the reward because he was under a pre-existing duty to make the arrest. d. Police Officer Paul is not entitled to the reward but may have an argument under promissory estoppel.

Business

A fictitious supply source created to arrive at a balanced transportation problem (i.e., total demand = total supply) is called ______.

A. dummy supply destination B. dummy demand destination C. dummy supply source D. fictitious supply source

Business

What are the two primary factors in determining whether or not funds will be lent to an applicant for a residential mortgage loan?

What will be an ideal response?

Business

A ________ trader helps create a market in one or more stocks by taking an opposite position to the orders placed by clients

A) day B) stock C) floor D) specialist

Business