Unit pricing legislation is necessary because of _____
a. computerization and the UPC
b. item price removal
c. the existence of many different-sized packages
d. price advertising
c
Business
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On January 1, Year 1, Clean Dirt, Inc., signed a $10,000,000, 6%, 10-year mortgage note to finance the purchase of an excavator. The note will be repaid in 10 equal annual installments of $1,358,679. Over the 10-year period, as each installment payment is made, the portion of the payment that is Interest Expense ________.
a. The answer cannot be determined from the information given. b. remains the same c. increases d. decreases
Business
What is not essential to the creation of an agency relationship?
a. Agreement to pay consideration. b. Consent of the principal. c. Competency of the principal. d. A fiduciary relationship.
Business