An investment company that sell shares to individuals and then invests the proceeds in stocks or bonds is called a

A) current liability.
B) mutual fund.
C) stocks.
D) bonds.

Answer: B

Business

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Which of the following expense items is not covered by replacement reserve funds?

a. FF&E b. building expansions c. building repairs d. emergency services

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A consumer who makes the purchase decision based on price is:

A) promotion prone B) brand loyal C) a repeat buyer D) price sensitive

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