Having a longer term loan
A) costs you more interest and therefore increases the cost of your loan.
B) makes your monthly payments larger.
C) is almost always the best alternative for credit users.
D) gives you access to additional sources of financing.
Answer: A
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Mother Goose is the name of a retail store that caters to preteens. It advertises regularly both on radio and in the daily newspaper. The month prior to the beginning of each new school year, the store buys extra advertising space and time. What type of scheduling plan is this?
a. seasonal b. interval c. replication d. pulsing
Which of the following contracts would be void due to fraudulent misrepresentation?
A) Mikhail wants Ivana to sign a contract for the sale of her apartment. He tells her that if she does not sign the contract, he will harm her son. B) Janet owns a pair of zircon earrings. She sells them claiming they are diamonds and receives a much higher price for them. C) Carla unknowingly sells a painting to a collector thinking it's genuine. However, the collector finds out that it actually is an imitation. D) Gary has been the McGill family attorney for decades. When he needs investors for his business, he convinces Mr. McGill to invest in the new business.