Spam is illegal per se
Indicate whether the statement is true or false
False
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A(n) ______ is an intangible product.
a. appliance b. car c. haircut d. television
Which of these methods in not a method of valuing intangibles?
A. Market approach B. Income approach C. Cash flow approach D. Cost aproach
Jerry knows that Lucy has coveted his classic car for quite some time. Finally willing to sell it, he sends a letter to Lucy offering to sell the car for $15,000 . Lucy responds by saying she needs time to arrange financing. Lucy offers Jerry $100 to
keep the offer open for two weeks. Jerry agrees, taking the $100 . Three days later, Roberta contacts Jerry saying she is interested in buying the car and has the cash to buy it outright. Jerry is concerned that if he doesn't sell the car to Roberta now, she may not be interested later. Furthermore, Lucy may never be able to arrange financing. Jerry is afraid he may end up with no buyer at all. He comes to you for advice. What do you advise?
Timmy and June owned a house in a joint tenancy. Timmy died and in in his will, left his share of the property to his estranged wife Mavis. Mavis is insisting on moving into the property but June has objected to this
Which of the following statements most accurately describes the legal position? A) Mavis is now a joint tenant of the property with June. B) Mavis will not have an interest in the property until June dies. C) Mavis cannot be legally excluded from the property as she is now a part owner of it. D) Mavis has no ownership interest in the property. E) Both A and C