Which of the following best characterizes the decline stage of product development?

A) rapid market acceptance
B) slow sales growth
C) sales and profits decline
D) high investment costs
E) increasing profits

C

Business

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When a customer returns a product for a refund, in what account is the entry recorded?

What will be an ideal response?

Business

A buyer learns from his real estate professional the ownership rights of the seller's property will continue forever and that no other person claims to be the owner or has any ownership control over the property other than the seller. The buyer will have what type of estate upon closing?

A) A life estate B) A fee simple qualified fee estate C) A leasehold estate D) A fee simple absolute estate

Business