Adam sells audio and video equipment. He tells a customer, Abbey, "This MP3 player is the best one ever made." Adam's statement is:

a. fact.

b. fraudulent misrepresentation.

c. puffery.

d. appropriation.

F a company has advance ticket sales totaling $2,000,000 for the upcoming football season, the receipt of cash would be journalized as:

The paradox of value explains: a. why entrepreneurs can only produce so much of a product. c. why diamonds typically have a higher monetary value than water. b. the role of technology as it applies to the factors of production. d.

When Suddenlink Communications offers its customers a discount when they order their television, Internet, and phone service all with Suddenlink on just one bill, it is an example of

Decreasing returns to scale may occur as increasing the amount of inputs used Select one: a. increases specialization. b. always increases the amount of output produced. c. may cause coordination difficulties. d. increases efficiency.

What is a promotional strategy?

Marquese is making 10 pounds of trail mix from raisins and nuts. Raisins cost $3.45 per pound, and nuts cost $7.95 per pound. How many pounds of raisins and how many pounds of nuts should marquese use for the trail mix to cost him $6.96 per pound?

Ten Pins Manufacturing has 9 million shares of common stock outstanding. The current share price is $81, and the book value per share is $8. The company also has two bond issues outstanding.

The higher the price of an antique, the greater people's expectation that the object is rare. That, in turn, makes the antique appear more valuable. If the statements above are correct, then offering an antique for sale at a bargain price:

Elmer received the following distributions from Virginiana Mutual Fund for the calendar year 2019: Ordinary dividends $250 Capital gain distributions $170 Nontaxable distributions $80 Elsie, Elmer's wife, did not own any of the Virginiana Mutual

Ocean Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a boat. Ocean is a merchant who deals in goods of the kind sold. The goods are defective. Under the UCC, the implied warranty of merchantability is breached a.