Which item is a tangible output for a bed and breakfast inn guest?

A. Questions answered about local attractions
B. Full breakfast in the morning
C. Use of a Room
D. Two of the above tangible outputs.


Answer: B

Business

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Edward owes Frank $100, payable in six months. Frank, who is leaving the country, gives his rights to the payment to Marge for $80. Which of the following is true about the scenario?

A. Frank is the obligor. B. Edward owes Marge $80. C. Frank will get $100 from Edward. D. Edward owes Marge $100.

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In Opperman v. Anderson the court found that the sold stock converted to cash was not an ademption, and allowed Anderson and Baker to have the two bank accounts

Indicate whether the statement is true or false

Business

Suppose you deposit money in a certificate of deposit (CD) at a bank. Which of the following statements is TRUE?

A) The bank is borrowing money from you without a promise to repay that money with interest. B) The bank is lending money to you with a promise to repay that money with interest. C) The bank is technically renting money from you with a promise to repay that money with interest. D) The bank is lending money to you, but not borrowing money from you.

Business

Nordstrom sells designer suits made in Italy in its stores in the United States. Nordstrom is ____ suits.

A. exporting B. importing C. trading D. dumping E. taxing

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