You have just placed $500 in a bank account that earns an annual rate of return of 6%. How much will you have in that bank account after 6 years?
A) $652.48
B) $709.26
C) $787.66
D) $758.66
E) $801.68
Answer: B
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Which of the following promotion tools involves building up a positive corporate image and handling unfavorable stories and events?
A) sales promotion B) personal selling C) direct marketing D) public relations E) advertising
You are going on an overseas trip, and you want to carry checks. You should purchase:
A. cashier's checks. B. certified checks. C. conditional checks. D. traveler's checks. E. guaranteed checks.
A technology that displaces an established technology and shakes up the industry, or a groundbreaking product that creates a completely new industry is referred to as
A. inventive technology. B. creative technology. C. product revamping. D. disruptive technology. E. planned obsolescence.
The remedy for a director's breach of fiduciary duty is:
a. a suit in equity by the corporation. b. a derivative suit instituted by a shareholder to require the director to pay to the corporation the profits obtained through the breach. c. a class action suit by the shareholders. d. Not only a suit in equity by the corporation but also a derivative suit instituted by a shareholder to require the director to pay to the corporation the profits obtained through the breach.