Marital status, race, occupation, socio-economic status, and other external traits make up your

A) identity B) self-concept C) personality D) emotional state

A

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If Jane persuades Linda to buy her horse by telling Linda that the horse runs "like the wind," then Jane's statement is A)fraud

B)reckless misrepresentation. C)a unilateral mistake. D)puffery.

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A company is considering purchasing a piece of equipment that costs $5 million. The company will further incur a cost of $50,000 to deliver and install the equipment. If the equipment has a 10 year useful life and the company uses straight-line depreciation, then what is the yearly depreciation expense?

A) $505,000 B) $500,000 C) $5,000 D) $0

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