The Consumer Product Safety Commission is the federal administrative agency empowered to enforce the Food, Drug, and Cosmetic Act (FDCA)

Indicate whether the statement is true or false


FALSE

Business

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The present value of a two-year bond with a future payment of $1,345.50 and the yield to maturity of 3.6 percent is?

A. ?$1,300 B. ?$1,500.50 C. ?$1,253.62 D. ?$1,246.72

Business

If an agent acts for a corporation that is not yet formed or for an entity that has no legal existence, such as an unincorporated association, the agent is not personally liable on a resulting contract.

Answer the following statement true (T) or false (F)

Business

The company designs what it considers to be a good product, totals the expenses of making the product, and sets a price that adds a standard markup to the cost of the product. This approach to pricing is called ________

A) penetration pricing B) fixed cost pricing C) cost-plus pricing D) variable pricing E) skimming pricing

Business

Dave Stevens wonders whether the creative idea of using the character "Tom T. Turtle" as an image for marketing a new line of running shoes will be successful. He should suggest to his account representative that a(n) ____ be used to pretest the campaign.

A. storyboard B. survey C. experiment D. GSR test E. consumer jury

Business