A penalty assessed for breaking a transaction or contract is referred to as an explicit switching cost.
What is a good illustration of the a switching cost?For instance, it would be difficult to compete with a grocery store if it provided free delivery but none of its rivals did. Because switching to the a different food store that does not offer free delivery would cost customers more money, time, and effort, the supermarket does have a high switching cost.
What are the alleged switching costs?Therefore, reported switching costs are a product of subjective assessment of experience and/or observation of others' relationship experiences; as a result, purchasers may feel switching costs of the a relationship without switching from a seller.
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Section 1 Question 1 of 22. A tax preparer's high ethical standards protect taxpayers by: o Providing them with an accurate return, including all tax benefits to which they are entitled. o Guaranteeing their returns will not be questioned by the IRS. o Promising they will be free from IRS penalties. o Protecting the tax preparer, not the taxpayer. Mark for follow up Question 2 of 22. A tax preparer's high ethical standards protect the tax preparer through all of the following EXCEPT: o Providing a quality product that helps them increase client retention o Minimizing the risk of being subject to preparer penalties. o Showing integrity in the return preparation process. o Eliminating the need for preparer due diligence notes Mark for follow up Question 4 of 22. Beatrice is eligible to claim EITC based on Jordyn, her granddaughter and qualifying child. Jordyn's mother, Beth, is also eligible and plans to claim Jordyn as a qualifying child for EITC. Which of the following statements is accurate? o Beth holds a higher right and may claim EITC based on Jordyn because Beth is Jordyn's parent. o As long as Beatrice files before Beth, you may prepare her return claiming EITC based on Jordyn. o Beatrice may claim EITC based on Jordyn if her AGI was higher than Beth's and if she files first o Beatrice and Beth may agree to each claim one-half of the EITC based on Jordyn, their qualifying child. Mark for follow up Question 5 of 22. Virginia comes to your tax office to have her income tax return prepared. She is eligible to claim EITC based on Kellie, her granddaughter and qualifying child. Virginia has $24.000 in wages and owns the home where she, Kellie, and Kellie's father, Herman, live. Herman would also like to claim Kellie as a qualifying child for EITC; however, Herman's only income for the year was $2,500 of unemployment income. He contributed nothing to the household expenses. Which of the following statements is accurate? o Herman holds a higher right and may claim EITC based on Kellie because Herman is Kellie's parent o As long as Virginia files before Herman, you may prepare her return claiming EITC based on Kellie. o Virginia may daim EITC based on Kellie, as her AGI was higher than Herman's and Herman has no earned income and thus does not qualify for the EITC o Herman and Virginia may agree to each claim one-half of the EITC based on Kellie, their qualifying child. Mark for follow up Question 6 of 22 Henry who is not a dependent states he wishes to claim EIC this year for his 35 year old dependent child. Both reside in the US Henry states that the child wes with Henry, is not mamed, is disabled, and has not worked during the year. What does Henry's tax preparer need to do to determine if the child can quality Henry for ETC? o Enter Henry's child on this return and identify him as a disabled qualifying child o Advice the tax payer of the tax definition of disabled and apply sound judgment and common sense to see if the definition is met o Ask for proof of the child's name o Explain to Henry that a 35-year-old child is too old to be a qualiting child for EITC Mark for follow Up
A tax preparer's high ethical standards protect taxpayers by option A: Providing them with an accurate return, including all tax benefits to which they are entitled.
A tax preparer's high ethical standards protect the tax preparer through except option D: Eliminating the need for preparer due diligence notes Mark for follow up
The statement that is accurate is option C: Beatrice may claim EITC based on Jordyn if her AGI was higher than Beth's and if she files first.
What are tax ethics?Tax ethics, is known to be the term for the taxpayer's moral duty to pay taxes, is influenced by their interaction with the government as citizens. Tax evasion and tax ethics are frequently used synonymously.
When filing taxes, a tax preparer should take certain ethical considerations into account:
Inform the appropriate third parties about the suspected fraudulent behavior.Inform the IRS and other tax authorities of the alleged fraudulent activities.Think about ending the engagement.Therefore, one can say that anyone who prepares a tax return may now be held accountable for errors committed in filing a return for someone else due to a change in tax regulations that took effect more than ten years ago. An IRS monetary penalty may be imposed on a tax preparer who made errors on your return.
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given the following information, determine average inventory at retail. cost retail beginning inventory $3,000 $6,000 purchases 1,500 3,000 cost of goods available for sale 4,500 9,000 net sales 3,500 7000 ending inventory 1,000 2,000 multiple choice question. $4,000 $2,000 $8,000 $6,000
According to the given information, The average inventory at retail is $4,000.
The average inventory at retail = ($6,000 + $2,000 )/ 2 = $4,000
A calculation of average inventory determines the value or quantity of a specific good or group of goods over two or more specified time periods.The average inventory is the mean value of an inventory over a given time period, which may differ from the median value of the same data set.When considering overall sales volume, average inventory figures can be used as a benchmark, enabling a company to monitor inventory losses.Moving average inventory enables a business to keep track of inventory from the most recent purchase.The ability to better manage costs, sales, and business relationships makes inventory management a crucial success factor for businesses.Learn more about Average inventory, here
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Resource leveling or smoothing can have all the following results on a project EXCEPTSingle choice.
a. Lower peak resource demand.
b. Reduced resource need
c. A longer project duration
Resource leveling or smoothing can have all the following results on a project except a longer project duration. So option c is the correct option .
Resource leveling: What does that mean?Resource leveling is a strategy in resource management that can assist teams in anticipating project timeframes and better accommodating resource restrictions. It aids in avoiding bad project management, which frequently results in last-minute delays, exhausted team members, and expense overruns.
What does "resource leveling" and "resource smoothing" mean?Changing a project's start and finish dates to account for scarce resources is a practice known as resource leveling. While resource smoothing involves altering project operations to make sure that work is finished in accordance with current timelines.
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T/F primary focus of an industry analysis is to provide sufficient knowledge of the environment that can affect marketing strategy decision-making.
The following statement "Primary focus of an industry analysis is to provide sufficient knowledge of the environment that can affect marketing strategy decision-making" is true.
An entrepreneur or business can use industry analysis as a tool to better understand where their firm stands in relation to other industry players. It offers them a clear understanding of the current and future state of the sector and assists them in identifying both opportunities and risks that may affect them.
It aids in the forecasting of supply and demand, and therefore, the financial results of the firm. It shows the level of industry competition and the expenses of joining and leaving the market. It is crucial while preparing for a small business.
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In October of 2004, British regulators were forced to suspend the license of a flu vaccine plant in Liverpool operated by the Chiron Corporation due to concerns over bacterial contamination. As a result, the market was less competitive and the remaining suppliers of the flu vaccine experienced an increase in their market power. Suppose the market for one of the remaining firms is represented by the following graph. a. Place point E on the remaining producer's profit maximizing price and output. Price (5 per dose) 99888 RNR2209 0 2 4 Marginal Revenue Demand 6 8 10 12 14 16 18 20 22 24 26 Quantity (millions of doses) b. Compare the marginal benefit and marginal cost at the firm's profit maximizing level of output. The marginal benefit is O reflected by the demand curve, so the marginal benefit is greater than the marginal cost. Society would benefit if more flu vaccines were produced. O reflected by the demand curve, so the marginal cost is greater than the marginal benefit. Society is expending too many resources on flu vaccines. O reflected by the marginal revenue curve, so the marginal benefit is equal to the marginal cost. The socially optimal amount is produced O reflected by the marginal cost curve, so the marginal benefit is greater than the marginal cost. Society is expending too many resources on flu vaccines. c. If this were a perfectly competitive market, what would be the equilibrium price? Price: $ 12 d. If this were a perfectly competitive market, what would be the equilibrium output? Equilibrium output: million doses
The most a consumer will spend on one additional commodity or service is known as the marginal benefit .the difference in cost for producing one extra good or additional unit of a product is known as the marginal cost of production.
Both the marginal benefit and marginal cost are indicators of how a product's price or value shifts. While marginal cost affects the producer, marginal benefit affects the consumer. When producing, setting a price for, and marketing a product, businesses must take into account both ideas. The maximum sum of money a consumer will spend on an additional commodity or service is known as the marginal benefit. Customers' satisfaction tends to decline as spending increases. The difference in price caused by producing an extra unit of a good or service is known as the marginal cost. profit maximizing level of output.=Total revenue-total cost
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The most a consumer will spend on one additional commodity or service is known as the marginal benefit .the difference in cost for producing one extra good or additional unit of a product is known as the marginal cost of production.
Both the marginal benefit and marginal cost are indicators of how a product's price or value shifts. While marginal cost affects the producer, marginal benefit affects the consumer. When producing, setting a price for, and marketing a product, businesses must take into account both ideas. The maximum sum of money a consumer will spend on an additional commodity or service is known as the marginal benefit. Customers' satisfaction tends to decline as spending increases. The difference in price caused by producing an extra unit of a good or service is known as the marginal cost. profit maximizing level of output.=Total revenue-total cost
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identify the statements that correctly describe the tariff of 1816 and its context
a. The law protected American-made goods by taxing similar goods from abroad.
b. The law admitted imported goods that could not be produced in the United States tax-free
The law admitted imported goods that could not be produced in the United States tax-free is the statements that correctly describe the tariff of 1816 and its context. Hence, option B is correct.
What is the US import law?To enter the country lawfully, imported items must arrive at the port of entry, have the delivery authorized by CBP, and have the estimated duties paid. The importer of record is responsible for planning the inspection and the release of the goods.
The convention aims to simplify temporary admittance procedures and support the expansion of international trade by streamlining and harmonizing procedures through the use of standardized model papers, such as international customs documents with international security.
Thus, option B is correct.
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if a pizza hut restaurant near campus increases its prices by 10% and as a result its sales revenue increases by 3% te price elasticity of demand for the services offered by the restaurant must be
If a pizza hut restaurant near campus increases its prices by 10% and as a result its sales revenue increases by 3% te price elasticity of demand for the services offered by the restaurant must be inelastic.
A good's quantity sought is calculated using its price elasticity of demand. Almost all items see a decline in demand when prices rise, but certain goods are more affected than others. The price elasticity gives the percentage change in quantity needed when a price rises by 1% and all other variables stay the same. A 1% rise in price causes a 2% decrease in the amount sought if the elasticity is 2. Different elasticities are used to quantify how the quantity required changes in relation to other variables. Price elasticities are usually negative and only seldom positive. Almost always, when a product is described as having an elasticity of 2, it refers to a value of 2.
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an assigned risk pool includes people who are able to obtain auto insurance due to a great driving record.
An assigned risk pool includes people who are able to obtain auto insurance due to a great driving record is False.
The three types of auto insurance commonly offered are third-party collision damage waiver and comprehensive. Drivers can continue to purchase other types of car insurance, including If something bad happens to you the insurance company will pay you, or someone you choose.
Insurance protects against possible financial losses. You can't predict the future so you never know when something bad will happen to you or your property. Insurance can prepare for the worst. Provides protection against many risks. B. Unexpected property damage illness or injury.
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James Rome, a California CPA practicing in California, is a sole practitioner who has his office in San Diego. James provides various bookkeeping, accounting, payroll, and tax services to
about 50 small business clients. Mary is an assistant to James and is the only employee of the firm. Which of the following is a proper form of notice to his clients regarding James' status as a Certified Public Accountant in the State of California?
A) Displaying the certificate of licensure issued by the Board in the office or the public area of the premises where the licensee provides the licensed service.
B) Any method of written notice, including a written notice that is electronically transmitted or a written notice posted at an Internet Website.
C) Providing a statement to each client to be signed and dated by the client and retained in that person's records that states the client understands the person is licensed by the California Board ofAccountancy.
D) All of the above.
E) Both a. and c. but not b.
The proper form of notice to clients regarding his status as a Certified Public Accountant in the State of California is D. All of the above.
How is a Certified Public Accountant in the State of California to notify clients?In the state of California, a Certified Public Accountant has several ways that they are allowed to notify their clients of their status and one of them is that they are to display the certificate of licensure issued by the Board of Accountants in California in their office or in a public place.
They can also use a handwritten notice and handwritten notices on their website or transmitted electronically also suffice. The clients can also sign and date a statement from James and in these records, the client agrees that they understand the licensing of the James by the California Board of Accountancy.
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Mayra and nancy went to home goods to buy centerpieces for their new event hall. Mayra bought 7 small centerpieces and 12 large centerpieces and paid $275. 50. Nancy paid $347. 25 for 15 large centerpieces and 9 small centerpieces. How much did each small centerpiece and each large centerpiece cost?.
The cost of small centerpieces is $ 11.5 and large centerpieces is $16.25.
Calculation:-
Mayra bought small centerpieces = 7
Large centerpieces = 12
Total amount paid = $275. 50.
Nancy paid = $347. 25
large centerpieces = 15
small centerpieces = 9
let cost of small centerpieces = x
Large Nancy = y
Using simultaneous equation:-
$347. 25 = 9x + 15y × 4
$275. 50 = 7x + 12y × 5
------------------------------
11.5 = x + 0y
Cost of small centerpieces is $ 11.5
Large centerpieces is $347. 25 = 9x + 15y
= $347. 25 = 9(11.5) + 15y
= $347. 25 = 103.5+ 15y
= 243.75 = 15y
= y = 243.75/15
= $16.25
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if the market above is perfectly competitive and the mr = $2, the profit/loss amount at the profit-maximizing quantity is?
If the market above is perfectly competitive and the MR = $2, the profit/loss amount at the profit-maximizing quantity is -$120.
What is perfectly competitive meant to mean?According to economic theory, perfect competition arises when all businesses offer the same goods, the price is unaffected by market share, businesses can enter or quit the market without any barriers, consumers have entire or perfect information, and businesses are not able to set prices.
How can you tell whether a market is perfectly competitive?In a market with perfect competition, all businesses sell the same product, all businesses are price takers, all businesses have a small share of the market, customers are aware of the nature of the goods being sold and the prices charged by each business, and there is freedom of entry and exit in the sector.
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Fixed assets are ordinarily presented on the balance sheet at current market values in a separate section along with intangible assets at replacement costs at cost less accumulated depreciation
In the balance sheet, the fixed assets of a company would ordinarily be presented at cost less accumulated depreciation .
How are fixed assets shown in the balance sheet ?In the Balance sheet , fixed assets are required to be shown at their current value, or at something called their " Net Book Value " which is just the technical way of saying current value .
The Net Book value is found by the formula :
= Cost of fixed asset - Accumulate depreciation on fixed assets over the years
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marisa is the office manager in a small company. her employees find that they can often come late to work and leave early, and marisa will cover their work for them. marisa is likely to score: _______
a. low on emotional stability.
b. high on agreeableness. c. low on extroversion. d. high on conscientiousness.
Marisa manages the office for a small business. Her staff members discover that they can frequently arrive late for work and depart early since Maria will finish their assignments. Marisa is probably going to rate highly in this category.
How do you define office manager?person whose responsibility it is to manage an office's work organization: Office activities must be planned, coordinated, and supported administratively by the office manager.
What alternative name for office manager is there?An office manager, usually referred to as an admin assistant or just an administrator, serves as the organization's point of contact for management and staff. Office managers are in charge of a number of duties, such as keeping an eye on deliveries, setting up workplaces, and helping executives when needed.
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Consider that you are going to the HIM Director for a large physician group that is just organizing the practice. They are planning to utilize fully electronic records. The electronic health record system and computers will be coming from a separate IT budget. However, you need to plan a departmental and capital budget for the first year of business.
Instructions: What items should you list under each budget? Keep in mind that the group has decided that anything more than $500 should be on the capital budget, except payroll expenses
The items that you would have to list under your budget as you prepare for the first year of business would be the following:
Medical suppliesYour rentThe staffingequipmentWhat is a budget?A spending plan based on income and costs is called a budget. In other words, it's a projection of your income and expenses for a specific time frame, like a month or a year. (Or, if you're keeping track of the money coming in and going out of your home as a whole, that's a family budget.)
Simply said, a budget is a spending plan that accounts for both present and future sources of income and expenses. A budget ensures that your spending is under control and that your savings are on track for the future.
Companies often utilize one of four types of budgets: incremental, activity-based, value proposition-based, or zero-based.
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Proctored assignments are indicated by Multiple Choice O a shield icon & title of "Proctoring Enabled" O a red cube icon O a magnifying glass icon
The proctored assignments are indicated by a shield icon & title of proctoring enabled. The Option A is correct.
What is a proctored assignments?Also known as a proctored examination, refers to the type of assignment that your instructor can create that, at minimum, which requires an authorization for you to start or submit your assignment attempt.
It is important we note that a proctored examination is a type of assignment that promotes assignment integrity by increasing the assignment security and through confirming your identity.
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due to faster communication, transportation, and financial transactions, time and distance have decreased barriers to global marketing.
The market for products and services as well as industrial processes are becoming more and more globally integrated.
What are transportation and communication?Transportation is the act of moving people or things from one location to another using a mode of transportation. Conversely, communication is the transfer of knowledge or information from one source to another. (Image via Pixabay) Transport typically involves transportation infrastructure, such as roads, railroads, and air travel.
What are the advantages of lowering trade barriers globally?Lower trade and FDI restrictions on finished goods can increase competition in the liberalized sector (s). This can assist businesses in utilizing economies of scale, enhancing efficiency, incorporating foreign technology, and innovating.
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match each term to the corresponding description.
a. discount rate
b. open market operations
c. reserve requirement
d. discount loans
1. rate of interest paid by private banks to the Fed
2. money lent by the Fed to private banks
3. the amount of deposits a bank must hold in reserve and cannot lend
4. the purchase or sale of bonds by the central bank
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firms based online have often pursued a strategy of increasing profits not by raising price but by increasing their of sales.
Online businesses have frequently pursued a strategy of growing profits by increasing sales volume rather than raising prices.
What is the significance of growing profitability?Profit generation allows organizations to continue to grow and compete in their industries, therefore increasing profitability is critical for many. Profitability growth can also assist businesses in obtaining capital from financial institutions, investors, and shareholders. If a firm does not now generate profit, improving profitability may enable for the eventual generating of profit, allowing the business to continue to function. Meeting with members of your team to set similar goals connected to growing profits is one of the first ways to help in increasing profitability. Market research may assist you in identifying and comprehending target audiences.
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seaside issues a bond with a coupon (stated) interest rate of 10%, face value of $500,000, and due in 5 years. interest payments are made semi-annually. the market rate for this type of bond is 8%.
Issue price of the bond is $540587.84.
It is given that:
Face value: $50,000
Interest rate: 10%
No. of years: 5 years, semi-annual
market rate: 12%
Coupon payments = Face value × Rate of interest
= 500,000 * 10% = 50,000 annually
But it is given that interest payments are made semi-annually. Thus, coupon payments =
50,000 / 2 = 25000 semi-annually
Issue price of the bond= (Present value of coupon payment) + (Present value of face value)
It is given that coupon payment is 25000 and face value is 500000.
Market rate is 8% but it is semi-annually thus, market rate is 4%.
also time period is given as 5 years but payments are made semi-annually; thus, no of terms will be 10.
Thus, Issue price of the bond =
(25000/0.04) [ 1- (1.04)⁻¹⁰) ] + (500000 / 1.04¹⁰ )
= 202750 + 337837.84
=$540587.84
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what backs the money supply in the united states
The Federal Reserve
The Federal Reserve, as America's central bank, is responsible for controlling the supply of U.S. dollars. The Fed creates money by purchasing securities on the open market and adding the corresponding funds to the bank reserves of commercial banks.
the law of supply and demand says that supply and demand do not play a factor when determining the price of a product or service.
False, the interaction of a market's supply and demand factors determines price. The desire of consumers and producers to engage in purchasing and selling is represented by demand and supply.
What is the supply law saying?According to the law of supply, manufacturers will increase their supply to the market if the price is higher. Businesses produce more of a good or service when they anticipate paying a greater price for it because they want to boost their revenue.
What is the law of demand?According to the Law of Demand, there is an indirect correlation between a good or service's price and the amount of that good or service that customers are willing and able to purchase. In other words, consumers are less able and willing to purchase an item as its price rises and vice versa.
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As a sales-team member, you earn 2% commission on any sales over $2,500. The amount of sales you earn commission on is represented by. The total commission you earn is. What composite function would you use to calculate your commission earned if you sold $6,000 worth of items?.
The commission earned on sale $6,000 worth of items is $70.
How to calculate?For the given problem, we need to find the commission earned on a sale of $6000.
The problem had given that we earn commission after $2500 and we earn 2% of commission.
Given,
E(x) = x - 2500
C(x) = 0.02x
In order to find, what we will actually earn, calculate C(E(x)).
Hence,
C(E(x)) = 0.02(x-2500) = 0.02x - 50
Therefore, now using equation to compute our earned commission,
Let's put $6000 sale.
C(E(6000)) = 0.02(6000) - 50 = 70
Hence, we will earn $70, on a $6000 sale,
What are typical referral commission percentages?The industry average for referral commissions is typically 20% to 30% of gross profit. On the low end, a sales professional can earn his 5% of sales, whereas a pure commission structure allows him 100% commission.
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your next assignment is to analyze the f-41 broadsword. this strike figher operates as both an atmospheric and exo-atmospheric platform for planetary defense. the united nations space command (unsc) is concerned about the handling qualities of the aircraft. specifically, the damping appears to be too low for the phugoid mode so pilots are reportedly being distracted by the slowly-decaying oscillations.
This strike fighter serves as a platform for both atmospheric and extra-atmospheric defence of the planet. Concerns about the aircraft's handling have been raised by the United Nations Space Command (unsc).
Pilots are reportedly distracted by the oscillations that are slowly degrading because the damping appears to be too low for the phugoid mode. The gases that make up the atmosphere that envelops the Earth. By giving us air to breathe, protecting us from the Sun's harmful ultraviolet (UV) radiation, retaining heat to warm the planet, and minimising extreme temperature variations between day and night, it contributes to the viability of life.
The atmospheres of all the planets in our solar system contain gases, but none of them are distributed in the same proportions or have the same layered structures as Earth's.
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in 2010, jerry sold blackacre to tiffany. tiffany did not record but immediately assumed possession of blackacre, where she continues to live. in 2015, jerry sold blackacre, the same parcel, to chris by statutory special warranty deed. chris recorded the deed but never assumed possession. thereafter, jerry fled the jurisdiction. blackacre is in a state whose recording statute provides: a conveyance of an interest in land is not valid against any subsequent purchaser for value without notice thereof, unless the conveyance is recorded. this jurisdiction has a 10-year statute of limitations for claims of breach of warranty in a deed. identify this recording statute.
Based on the information provided, the recording statute is notice statute.
Recording statute, also called a recording act, is a state law which regulates the recording of deeds and other interests in real estate property and is utilized to establish priority between parties claiming an interest in the same property. There are three major types of recording statue: Race statute, Notice statute, and Race-notice statute. Notice statute refers to a recording act that extends priority of title of the property to the party with the most recently obtained claim, but only if the party also lacked notice of an earlier claim. Under a notice statute, a later purchaser of an interest has the priority interest if the later purchaser is a bona fide purchaser. A bona fide purchaser for value cannot have actual, constructive, or inquiry notice of any other claim against the property.
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monopolistically competitive firms have an interest in persuading customers that their are unique through advertising and branding.
Monopolistically competitive firms have an interest in advertising and branding.
What is Monopolistically competitive firm?Monopolistic competition can be described as one that can be seen when many companies offer competing products or services that are similar, but not perfect, substitutes.
It should be noted that the barriers to entry in a monopolistic competitive industry can be seen to low compare to other industry, however they an interest in advertising and branding and the decisions of any one firm do not directly affect others.
Therefore the last option is correct.
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T/F a manufacturing cycle efficiency (mce) ratio of .20 indicates that 80 % of the manufacturing cycle time is spent on non-value-added activities.
The answer is true. The percentage of production time that is spent on value-added activities is known as manufacturing cycle efficiency. Manufacturers can find tasks that don't bring value to the operation and cut expenses by eliminating them.
By eliminating non-value-added processes, a company can cut costs and Manufacturers the time needed to produce a good by using this information. The Process Cycle Efficiency, often known as the "Value Added Ratio," is a metric used to determine how much time is spent adding value to a process. The procedure becomes more effective the greater the number. The majority of material's time is frequently spent waiting.
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in a(n) ________blank marketing channel, each member attempts to satisfy its own objectives.
In an independent marketing channel, each member attempts to satisfy its own objectives. Hence, option B is correct.
What is independent marketing channel?
A representative from the manufacturer is an illustration of an independent marketing channel. A manufacturer's salesperson typically promotes comparable goods for several different firms.
Today, websites, email, targeted digital advertising, and events are the most prevalent marketing channel kinds digital or in-person. In the past, people often employed an indirect marketing route or a direct distribution channel such as mailers like television.
Thus, option B is correct.
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The options are missing-
A. administered
B. independent
C. contractual
D. cooperative
E. corperate
this stage of research allows the creative team to understand what needs to be changed, or redefined, in order to keep pace, or in fact, keep ahead of the marketplace.
Revitalized brand research is the stage of research that allows the creative team to understand what needs to be changed, or redefined, to keep pace, or in fact, keep ahead of the marketplace.
When a brand reaches its mature phase and sales start to fall off, the marketing strategy is used. Market expansions, product changes, and brand repositioning are a few methods of revival.
In a cutthroat industry, brand rejuvenation aids in shattering stereotypes and luring in the intended clientele. Reviving the brand is important to address particular problems that hurt the company's reputation or frighten customers or workers.
While brand revival seeks to develop the customer base of a product that isn't earning enough money, brand reinforcement works to increase the number of consumers of an established and successful brand.
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The _____ is a specific group of consumers toward which a firm directs its marketing efforts.
The target market is the particular segment of customers (which may include businesses or individual consumers) that a company focuses its marketing efforts on.
What constitutes a target market?A main demographic is a collection of potential buyers who you identify in order to market your goods or services to. Each subgroup can be split up into more compact units. Typically, segments are categorized according to age, region, income, and lifestyle.
Why do we choose our market?The goal of selecting a target audience is straightforward: to focus marketing efforts by having a clear grasp of the potential buyers of a good or service. Businesses may create marketing efforts that appeal to and reach their consumer base by having a clear understanding of their target market.
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was demolished at a cost of $8,200; the salvaged materials were sold for $2,200. additional expenditures before construction began included $1,500 attorney's fee for work concerning the land purchase, $5,500 real estate broker's fee, $9,100 architect's fee, and $16,000 to put in driveways and a parking lot. (a) determine the amount to be reported as the cost of the land. cost of the land $enter the cost of the land in dollars (b) for each cost not used in previous part, indicate the account to be increased.
Cost transaction options are given below:
1) cost of a plant can be measured in cash transaction is acquisition price can be treated as cost in cash transaction
16) cost of the plant in Non-cash transaction can be measured by [cash Equivalent price is equal to the fair market value of the asset given up (1) the fail market value asset received which even is mole the clearly identifiable. can be treated as cost in non-cash transaction.
gain (of) loss to calculate gain(d) loss on the sale an asset we should compare the cash received for the asset and to compare with the book (1) carrying value less the amount of depreciation then the difference amount can be treated as gain.
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