Given some amount to be received several years in the future, if the interest rate increases, the present value of the future amount will be:

Larry, Moe and Curly form a partnership by oral agreement that Moe and Curly buy a property in sign a contract under the partnership name.which applies?

A. Only Moe and Curly are liable B. All three are liable C. The partnership is liable D. No one is liable

Which of the following statements about pricing policies is most likely true?

A) Very few companies maintain a pricing strategy that focuses on meeting competition. B) Pricing strategies often reflect the opinion of the research department on correct pricing. C) The ability to offer the lowest price is the most critical factor in the sale of products. D) Price discounting is a competitive tool available to large numbers of salespeople. E) Transactional sales rely primarily on personality alignment between buyers and sellers.