Explain why a company's largest customers may NOT be its most profitable customers

What will be an ideal response?

A company's largest customers may be purchasing only because of special deals or promotions; large customers are also likely to require additional company resources, reducing their profitability.

Business

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An open market purchase occurs when the Federal Reserve buys ______ on the open market (from dealers or banks)

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

Business

All of the following are examples of insurable title defects except:

a. forged documents b. undisclosed heirs c. mental incompetence d. unrecorded easements

Business