A vehicle leased in your name is an example of a tangible asset that you would list on your balance sheet

Indicate whether this statement is true or false.


Answer: FALSE

Business

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A manufacturer with a product in the decline stage of the product life cycle would most likely decide to ________ if there is reason to believe that there will be a residual demand for the product

A) maintain the product without change B) let existing stocks of the product run out C) drop the product immediately D) search for replacements E) increase sales promotion efforts

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The best selling tool is most often:

A) the product B) a photograph or illustration C) testimonials of satisfied customers D) videocassette recordings E) a referral

Business

Article III of the Constitution states that the judicial power of the United States shall be vested in one Supreme Court and:

a. such lower courts as the Supreme Court establishes. b. such lower courts as Congress may establish. c. a system of special courts, district courts, and courts of appeals. d. a system of lower federal courts and such state courts as each state legislature provides.

Business

While searching the Internet, you visited the website of MAD COMICS and read an ad that stated, "Our monthly issues of MAD COMICS are available online at a one-year subscription rate of $5 per issue. To subscribe, enter your e-mail address in the space

below and click on 'SUBSCRIBE.' By subscribing you agree to the terms of the subscriber's agreement. To read this agreement, click on 'AGREEMENT.'" You enter your e-mail address, but do not click on 'AGREEMENT' to read the terms. Have you entered into a legally enforceable contract to pay for the MAD COMICS one-year subscription?

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