Interest on a $6,000 note at 8% for 4 months is $160

Indicate whether the statement is true or false


TRUE

Business

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Activities that deliberately deceive consumers or involve lying on behalf of clients are referred to as ________

A) virtual marketing B) viral marketing C) buzz marketing D) stealth marketing E) word of mouth marketing

Business

A high degree of online consumers enter the checkout counter and exit without purchasing goods. This can be due to _____

a. concern over high shipping and handling costs b. the difficulty in completing the order format c. fear of credit card security d. all of the above

Business

Watson, charged with crossing the center line in his vehicle, would ordinarily have the case heard in his state's trial court of general jurisdiction

a. True b. False Indicate whether the statement is true or false

Business

If a firm with credit terms of 2/10 net 30 were to change its terms to 2/10 net 60, the result would

probably be A) a reduction in safety stock. B) increased accounts receivable turnover. C) more customers would take advantage of the cash discount. D) fewer customers would take advantage of the cash discount.

Business