The present value of an ordinary annuity is the amount that equal payments made at the end of successive equal periods is worth today

John Watson entered into an agreement to purchase 1,000 shares of the Marvel Corporation, a corporation to be organized. Watson has since had second thoughts. Applying the RMBCA, which of the following is true?

A. A written notice of withdrawal prior to incorporation will be valid. B. A transfer of the agreement to another party will eliminate his liability. C. Watson may not revoke the agreement for a period of 6 months. D. Watson may avoid liability if a majority of the other subscribers release him.

The arrangement of goods within a supermarket or department store is systematically studied to maximize _____

a. manufacturer cooperation b. impulse sales c. payments by manufacturers d. self-service merchandising