The vast majority of entrepreneurs desire to go into a business where they already have some

prior experience.

Indicate whether the statement is true or false


TRUE

Business

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A type of inside money that allows a shopper to prepay some amount and then spend it at her will is a ____ card.

A. debit B. credit C. commodity D. stored-value

Business

Ron's Furnace Repair advertised it would inspect any homeowner's furnace for free. Janet had Ron's come to inspect her furnace. The servicewoman dismantled the entire furnace then refused to put it back together unless Janet paid her $250. The FTC considers such a practice to be

A. an unfair practice. B. a deceptive practice. C. an act that violates public policy. D. All of these are correct.

Business

Consumers often rely on decision guidelines, or mental rules of thumb, when weighing the merits of competing brands. These rules are referred to as ________

A) evaluative criteria B) attitudes C) affects D) heuristics E) cognitions

Business

Under a defined benefit pension plan, retirement benefits are based entirely on the annual contribution to the fund plus earnings thereon

Indicate whether the statement is true or false

Business