Which of the following types of trade promotion allows the channel member to return unsold merchandise for a full or partial refund, thus reducing the risk of carrying the product?

On January 1, 2017, Sullivan Cabinetry Company purchases $300,000 of property by paying $50,000 in cash and signing a 10-year mortgage note at 13% for the balance

Sullivan will make yearly payments of $46,072. Prepare the amortization schedule for the first five payments. (Round your answers to the nearest dollar.) What will be an ideal response

Baylor made an offer on the purchase of a vacant residence and gave a cash deposit with the offer. The offer was presented through Broker Harris. The offer was accepted by the seller. Prior to the close of the transaction, Baylor requested permission from Harris to enter the house for the purpose of painting and making minor repairs. Which of the following is true:

A: If Baylor signs a rental agreement, Harris may give permission; B: Baylor is an equity owner and doesn't need to obtain permission from anyone; C: Harris should obtain written approval of Baylor's request from the owner; D: In order for Baylor to do this, there must be a written agreement signed by the buyer and seller setting forth the limits of the repairs to be made.