When a major moving van company sells accessory products (boxes, bubble wrap, etc.) that must be used in moving a household's furniture, the company is practicing captive pricing.

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


True

Business

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Consider a chainsaw that fails 5 times in 100 hr of operation. The MTBF is ______.

A. 20 hr B. 30 hr C. 40 hr D. 15 hr

Business

Costs that have been found to bear observable and known relationships to a quantifiable activity base are referred to as __________________________________

Fill in the blank(s) with correct word

Business

What is acquiring secondary meaning in trademark terms?

A) when a mark that resembles a mark already registered with the federal PTO is used for a new product or service B) when descriptive words are used that have no direct relevance to a product or service C) when ordinary words establish new meaning due to its attachment to a product or service D) when a distinctive mark or design is created for a new product or service

Business

The right of a shareholder to examine the books and records of the corporation may be denied if the shareholder:

a. seeks information to determine the financial condition of the corporation. b. desires to know the value of shares. c. seeks information to embarrass or cause loss to the corporation. d. desires the names and addresses of other shareholders.

Business