If a prospective home buyer simply changes his or her mind after putting up earnest money, he or she usually forfeits the money.

a. True

b. False

The narrower the definition of a product, Multiple Choice the smaller the number of substitutes and the smaller the price elasticity of demand. the smaller the number of substitutes and the greater the price elasticity of demand.

The stock of Blue Water Tours, Inc. is expected to return 14.00 percent in a boom economy, 9.00 percent in a normal economy, and lose 8.00 percent in a recessionary economy. What is the expected rate of return on this stock if there is a 10.

At Radiant, Inc., the sales department is also responsible for recording cash transactions as it does not have a separate accounting department.

The Universal Postal Service is considering the possibility of fixing wind deflectors on the tops of 500 of their long-haul tractors.

A professional does specialized work that's primarily: degree based. medical or legal. well paying. intellectual and creative

True or false: people in business get ahead by meeting the needs of their consumers. as a result, both businesses and customers benefit from voluntary exchange.

Jim and kathy have a contract with a term that is not clear. kathy and jim both have a different interpretation of the contract. if kathy wrote the contract, a court will

What is a great marketing strategy

On January 1, 20X8, Package Company acquired 80 percent of Stamp Company's common stock for $280,000 cash.

Tombert Decorating uses a job order cost system to collect the costs of its interior decorating business. Each client's consultation is treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred.