Gabrielle buys silver and jade to make jewelry. The finished products are sold to Hand Crafts, a shop that sells these items and others to customers who often present them as gifts. The most common way to acquire personal property is to?
A) purchase it
B) add value to it.
C) make it.
D) receive it as a gift.
A
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Which of the following statements is true about the five forces identified by Michael Porter, that
determine the intrinsic long-run attractiveness of a market or market segment? A) A segment is unattractive if the company's suppliers are unable to raise prices or reduce quantity supplied. B) A segment is unattractive if buyers possess strong or growing bargaining power. C) A segment is attractive when there are actual or potential substitutes for the product. D) A segment is attractive if it already contains numerous, strong, or aggressive competitors. E) The most attractive segment is one in which entry barriers are low and exit barriers are high.
Identify the appeals that are intended to tap an underlying psychological benefit of the purchase decision?
A) feature/benefit appeals B) competitive advantage appeals C) favorable price appeals D) emotional appeals
Bravo Bistro, Inc The stockholders' equity section of the December 31, 2011, balance sheet for Bravo Bistro appeared as follows: Common stock, $3 par, 2,000 shares issued and outstanding $ 6,000 Additional paid-in capital 1,000 Retained earnings 5,400 Total stockholders' equity $12,400 Assume that all of the 2,000 shares of Bravo's stock that was issued as of December 31, 2011, was issued for
$3.50 per share. On March 1, 2012, Bravo reacquired 1,000 shares of its common stock for $4.50 per share. Refer to the information presented above for Bravo Bistro, Inc The journal entry to record the transaction on March 1 includes a credit to what account and for what amount? A) $3,000 to paid-in capital from treasury stock transactions B) $4,500 to treasury stock C) $3,000 to common stock D) $4,500 to cash
Chelsea Bridge is 16 years old, but looks 21. She buys an expensive television for $2,000 on credit, telling the salesperson that this is her 21st birthday present to herself. The salesperson honestly believes her
She makes two payments of $100 each, and then can't pay any more. The store sues her for the balance owing. Which of the following is TRUE? A) Because Chelsea looks over 21, the contract is enforceable against her. B) Because Chelsea lied about her age, the contract is enforceable against her. C) The contract is not enforceable against Chelsea because she is a minor. D) The contract is enforceable only in the province of Quebec. E) Both A and B