An agency relationship is created by the mutual consent of a principal and an agent

If inflation is expected to steadily decrease in the future, the term structure of interest rates will most likely be:

A. upward sloping. B. flat. C. humped. D. downward sloping. E. double-humped.

When proposed and existing stores have a very high trading-area overlap, _____

a. many additional customers will be attracted to the proposed store b. few additional customers will be attracted to the proposed store c. the proposed store will focus on geographic weaknesses in the existing store d. advertising will have to be assessed due to possible promotional waste