Which of the following is true of a deed of trust?
A) The legal right of the property is with the creditor until payment.
B) The legal rights to possession of real property lie with a trustee.
C) The trustor has legal rights to possession of the real property.
D) The deed of trust is a two-party instrument.
B
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As long as the revenue of the last unit produced and sold is greater than the cost of the last unit produced and sold, what should a firm do?
a. reach its break-even point very shortly b. continue manufacturing c. continue using price equilibrium d. consider using sales maximization pricing
Phil believes that the dealership should lower car prices to capture a higher share of the market. Competing on price will most likely work with which of the following car buyers?
A) a high-involvement buyer who values quality and durability B) a high-involvement buyer who is willing to research features and performance extensively C) a low-involvement buyer who has a tight budget D) a low-involvement buyer who is unwilling to purchase online E) a low-involvement buyer who asks an employee to make the buying decision