Gliding Light, LLC, and Hang Gliders, Inc, are parties to a contract. They subsequently agree that High Riders Inc should take Gliding Light's place and assume all of its rights and duties under the contract. This is

a. a mutual agreement to rescind.
b. an accord and satisfaction.
c. a novation.
d. a settlement agreement.


c

Business

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Jojola Corporation is investigating buying a small used aircraft for the use of its executives. The aircraft would have a useful life of 5 years. The company uses a discount rate of 13% in its capital budgeting. The net present value of the initial investment and the annual operating cash cost is -$439,238. Management is having difficulty estimating the annual benefit of having the aircraft and estimating the salvage value of the aircraft. (Ignore income taxes.)Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.Ignoring the annual benefit, to the nearest whole dollar how large would the salvage value of the aircraft have to be to make the investment in the aircraft financially attractive?

A. $3,378,754 B. $57,101 C. $439,238 D. $808,910

Business

The association technique requires the respondent to construct a response in the form of a story, dialogue, or description

Indicate whether the statement is true or false

Business

The "E" in the SELL Sequence reminds the salesperson to:

A. encounter a prospect anywhere you can. B. elevate your company's brand image. C. exploit your opportunity to sell. D. explain the product's advantage. E. enlist the help of visual aids.

Business

A commercial for Martox compares the speed with which Martox soothes an upset stomach to the speed of Tums antacids. The commercial also emphasizes that Martox is less expensive than Tums

Martox is most likely at which stage of the product life cycle? A) introduction B) growth C) maturity D) awareness E) decline

Business