When does personal influence carry the most weight?
What will be an ideal response?
Personal influence carries especially great weight when products are expensive, risky, or purchased infrequently, and when products suggest something about the user's status or taste. Thus, people often ask others to recommend a doctor, plumber, hotel, lawyer, accountant, architect, insurance agent, interior decorator, or financial consultant.
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When an adverse possessor has fulfilled the requirements of being open and notorious, uninterrupted for at least five years, has a claim of rights, is hostile to the owner's intent, and has paid property taxes for five or more years this is called adverse possession. When does the adverse possessor receive legal title to the property?
a. Legal title to the property is transferred by court order b. When the adverse possessor signs a quitclaim deed c. When he purchased the property d. Never
Achieving a lower inventory balance through working capital management can result in savings
from both carrying costs and losses associated with obsolete inventory. Indicate whether the statement is true or false