Agents and principles have a fiduciary duty to each other

Indicate whether the statement is true or false


TRUE

Business

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Given the following code, what is the value of cell B5?



Public Function Result1(Values As Range)
Dim EV As Single, t As Integer
EV = 0
For t = 1 To Values.Count
EV = EV + Values(t) * t
Next t
Result1 = EV/ Values.Count
End Function

a) 10%
b) 20%
c) 40%
d) 30%
e) 90%

Business

Customer satisfaction most likely arises from:

A) product price B) the product itself C) the company that makes or distributes the product D) the salesperson who sells and services the product E) a combination of the product, company, and salesperson

Business

In a pure subsistence economy-when each family unit produces everything it consumes-no marketing is involved.

Answer the following statement true (T) or false (F)

Business

You just received a loan from your banker to buy seed and plant your alfalfa field. The loan is a discount loan and is for $5,000 for 1 year and the quoted rate was 10%. What is your APR?

A) 10.00% B) 11.11% C) 12.23% D) 14.33% E) None of the above

Business