A commitment statement should have a(n)

A. indefinite statement of consequences.
B. low degree of finality.
C. high degree of specificity.
D. high degree of emotionality.


Answer: C

Business

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Recent research has found that ______ hours of sleep a night is the best amount of sleep to function the next day.

A. 6 B. 7 C. 8 D. 8.5

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Online educational programs offered by the University of Phoenix are an example of _____________

a. revolutionary products/services b. collective products/services c. additional services d. supplementary services e. core products/services

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Which of the following rights does a lender have when a mortgager is in default?

A)?Foreclosure B)?Deficiency judgment (in many states) C)?a and b D)?None of the above

Business

A company with $500,000 in operating assets is considering the purchase of a machine that costs $60,000 and which is expected to reduce operating costs by $15,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine in years is closest to (Ignore income taxes.):

A. 0.25 years B. 8.3 years C. 33.3 years D. 4 years

Business