Phaedra and Raul contract with Sheldon to transfer the ownership of their lake cottage to him. This is
A. a delegation.
B. an assignment.
C. a third party beneficiary contract.
D. an alienation.
Answer: D
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When a bank collects a note for the holder, it notifies the holder on a form called a
a. debit advice. b. proceed report. c. collection report. d. credit advice.
Because it denotes a high price relative to the prices of competing products, ______ is sometimes called a "market-plus" approach to pricing.
A. price skimming B. price fixing C. status quo pricing D. bait-and-switch pricing
The first step in conducting a marketing profitability analysis involves assigning functional expenses to marketing entities
Indicate whether the statement is true or false
Steve steals one of Tricia's checks and forges her signature. Tricia's bank, Unity Bank, pays the check. Tricia can recover from
A. Steve, but not Unity Bank. B. Unity Bank, which cannot recover from Steve. C. Unity Bank, which can recover from Steve. D. no one.