A(n) _____ is a standard that arises over time and as agreement on it becomes widespread, is enforced by social sanction or law.

Fill in the blank(s) with the appropriate word(s).

Answer: norm

Business

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Publicity is similar to advertising in that companies pay the media for placement of stories and news items

Indicate whether the statement is true or false

Business

Interest is deducted from the credit extended at the beginning of the loan under the

A) simple interest method. B) add-on interest method. C) discount interest method. D) Rule of 78.

Business