People who have a special desire to perform challenging tasks well and meet their own personal standards for excellence can be described as having ________

A) a high need for instruction
B) a high need for affiliation
C) a high need for authority
D) a high need for achievement

D

Business

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Which one of the following is not categorized as a long-term assets?

A) Intangibles B) Property, plant, and equipment C) Inventory D) Patents

Business

The following excerpts from letter negotiations on land occurred between Magnus Matthews and Elaine Brown. January 4, 2013 Dear Magnus, I am interested in buying that lot you showed me last Saturday. You talked about $40,000 as a price. That sounds good

to me. Let's meet Wednesday at Frisco Kid's to iron out details. Elaine January 4, 2013 (via fax) Elaine, $40,000 is the price. Cash only. I'll see you Wednesday at 5:30. Magnus On January 5, 2013, a developer came to Magnus with $40,000 cash and asked to buy the lot. Magnus signed a contract and accepted a $4,000 earnest money deposit. On January 6, 2013, Magnus met Elaine at Frisco Kid's and said when he first spotted her, "Sorry, kid. I sold the lot yesterday. Cash straight up. Let's talk about any of my other lots." Did Magnus and Elaine have a contract?

Business