A ________ is a particular event that must take place to give rise to a duty of performance of a contract

A) condition precedent
B) condition subsequent
C) substituted agreement
D) compromise agreement


A

Business

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A ______ is a communication network in which one individual creates and spreads untrue or inaccurate information to others through the organization.

A. gossip chain B. rumor string C. grapevine D. cluster chain

Business

A buyer with a ________ response to a purchase has reached the baseline level of satisfaction

A) negative B) defective C) positive D) delighted E) neutral

Business

Advertising, sales promotion, public relations, and buzz building activities are all ________

A) channels that should be integrated under the concept of integrated marketing communications B) channels focused more on interactive marketing than traditional marketing C) promotional tools used for push strategies but not pull strategies D) promotional tools used for pull strategies but not push strategies E) promotional tools adapted for use in mass marketing

Business

Income before taxes for financial reporting usually differs from taxable income reported to tax authorities. Which of the following is/are not true?

a. Some of the differences may arise because of permanent differences (items that affect income for financial reporting but never affect taxable income, or vice versa). b. Some of the differences may arise because of temporary differences (items that affect income for financial reporting in a different period than for tax reporting). c. The difference between income tax expense and income tax payable represents the tax effects of permanent differences: either the firm will receive future benefits (deferred tax assets) or it must pay future taxes (deferred tax liabilities). d. U.S. GAAP and IFRS require firms to measure income tax expense based on income for financial reporting (excluding permanent differences) and the income tax authorities impose taxes on taxable income. e. all of the above

Business