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.

Assume your granny put $45,000 into a trust fund for you earning 5%. You cannot withdraw the money until it has doubled. How many years must you leave the money in the trust fund (before the original $45,000 has doubled) ? a. 10.24 b. 11.35 c. 12.

Pareto optimality is the condition in which A) the distribution of income is equal. B) no change is possible that will make some members of society better off without making at least one other member of society worse off.

Hassock Corp. produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassock's standard labor cost is $14 per hour.

Etmer enterprises has budgeted sales for the next four months as follows: budgeted sales in units january 7,400 units february 4,600 units march 5,300 units april 3,900 units past experience has shown that the ending inventory for each month should

The tendency of markets to automatically gravitate toward equilibrium is an application of which core principle?

On January 2, year 2, Air, Inc. agreed to pay its former president $300,000 under a deferred compensation arrangement. Air should have recorded this expense in year 1 but did not do so.

A home improvement firm has quoted a price of? $9,800 to fix up? eric's backyard. five years? ago, eric put? $7,500 into a home improvement account that has earned an average of? 5.25% per year.

A budget surplus a. exists when government spending is greater than tax revenues. b. causes government debt to increase. c. occurs when the government has debt equal to zero. d. reduces the government's debt.

Monique was looking for a venue for her wedding reception. When she visited one potential location, she noticed that the landscaping was not complete, and there was stained carpet in the lobby.

A monthly fixed rate mortgage payment--- A. could change. B. never changes. C. increases annually. D. decreases annually.