Techniques to decrease cash outflows include all but the following:
a. Using non-cash employee incentives
b. Consignment
c. Barter
d. Asking for payments
Ans: d. Asking for payments
Business
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If a buyer's equity in the property is significant and the buyer defaults, what must the seller do?
a. The seller must ignore the default and sign a revised contract with a new completion date. b. The seller must revise the amortization of the contract. c. The seller must start formal foreclosure procedures and compensate the buyer for the accumulated equity before repossessing the property. d. The seller must repossess the property and then institute legal foreclosure action against the buyer.
Business
Foreign business refers to the operations of a company outside its home or domestic market
a. true b. false
Business