A consumer is someone who uses goods and services, which usually cost money.

a. True

b. False

Jacob is saving up for a down payment on a car. He plans to invest $2,000 at the end of every year for 5 years. If the interest rate on the account is 2.25% compounded annually, what is the present value of the investment? a. $5,666.58 b. $10,461.

The Gwallter Reece Chihuahua Sweater Co. (GRCCo) was established in 2013. It recently signed a large contract with PetCo pet stores. GRCCo will be required to have computerized communication and track sweater sales.

Which of the following statements is most correct? (a) The primary test of feasibility in a reorganization is whether every claimant agrees with the reorganization plan.

What is the criminal penalty for engaging in the real estate brokerage business in Texas without firstbecoming licensed by TREC?

All of these are advantages of a franchise except: a. management training and support c. centralized buying power b. strict operating standards d. national advertising programs

What circumstances during the early days of industrialization led to a need for reform? Check all that apply. -Factory equipment was dangerous to operate. -There were too few capable workers to fill positions.

In 2010, the Securities and Exchange Commission (SEC) announced its support for Generally Accepted Accounting Principles (GAAP). True False

On April 1, Fine Corp. faxed Moss an offer to purchase Moss's warehouse for $500,000. The offer stated that it would remain open only until April 4 and that acceptance must be received to be effective.

Advertising, fashion trends, and new product introductions serve to a. create consumer needs. c. create consumer demand. b. increase income effectiveness. d. minimize the income effect.

The economy of Atlantia is defined by the private ownership of the means of production. Although products produced and prices are based on market factors, the government intervenes as a regulator to ban harmful products and to set a minimum wage.