Busn-380 Week 1 Quiz

In: Business and Management

Submitted By dboi51288
Words 1209
Pages 5
1. (TCO 1) A(n) _____ summarizes your current financial situation, analyzes your financial needs, and recommends a direction for your financial activities. (Points : 1) | insurance prospectus statement budget investment forecast financial plan |
(TCO 1) The main goal of personal financial planning is:
Saving and investing for future needs
Reducing a person's tax liability
Achieving personal economic satisfaction
Spending to achieve financial objectives
Saving, spending, and borrowing based on current needs
(TCO 1) The ability to convert financial resources into usable cash with ease is referred to as:
Bankruptcy.
Liquidity.
Investing.
Saving.
Opportunity cost
(TCO 1) Brad Opper has a goal of "saving $50 a month for vacation." Brad's goal lacks:
Measurable terms.
A realistic perspective.
Specific terms.
The type of action to be taken.
A time frame.
(TCO 1) Opportunity cost refers to: money needed for major consumer purchases. what a person gives up by making a choice. the amount paid for taxes when a purchase is made. current interest rates. evaluating different alternatives for financial decisions.
(TCO 1) If a person deposited $50 a month for 6 years earning 8 percent, this would involve what type of computation? simple interest future value of a single amount future value of a series of deposits present value of a single amount present value of a series of deposits
(TCO 1) Which type of computation would a person use to determine current value of a desired amount for the future? simple interest future value of a single amount future value of a series of deposits present value of a single amount present value of a series of deposits
(TCO 1) If inflation is increasing at 3 percent per year, and your salary increases at the same rate, how long will it take your salary to double?…...

Similar Documents

Busn 420 Week 1 Quiz

...BUSN 420 Week 1 Quiz Purchase here http://devrycourse.com/busn-420-week-1-quiz Product Description 1. (TCO 1) Crater Tools Company may be subject to regulations issued by the Occupational Safety and Health Administration (OSHA). Like other administrative agencies, the OSHA affects 2. (TCO 1) In a suit against Owen, Phil obtains specific performance. This is 3. (TCO 1) As a judge, Potter applies common law rules. These rules develop from 4. (TCO 1) In Export Co. v. Imports, Inc., there is no precedent on which the court can base a decision. The court can consider 5. (TCO 1) In Nebraska, the highest-ranking (superior) law is 6. (TCO 2) Orin claims that a Pennsylvania state statute infringes on his "substantive due process" rights. This claim focuses on 7. (TCO 2) Machismo Motor Sales Corporation regularly advertises its off-the-road and all-terrain vehicles and other products. Under the First Amendment, these ads and other commercial speech are given 8. (TCO 2) Serene City enacts an ordinance that bans the use of "sound amplifying systems" on public streets. Tyler wants to campaign for a seat on the city council by broadcasting his message through speakers mounted on a truck. In Tyler's suit against the city, a court would likely hold the ordinance to be 9. (TCO 2) Savers Mart, Inc., distributes its merchandise to retail outlets on an interstate basis. Under the commerce clause, Congress has the power to regulate 10. (TCO 2) Expendable Energy Corporation......

Words: 264 - Pages: 2

Busn 420 Week 1 Quiz

...BUSN 420 Week 1 Quiz Purchase here http://devrycourse.com/busn-420-week-1-quiz Product Description 1. (TCO 1) Crater Tools Company may be subject to regulations issued by the Occupational Safety and Health Administration (OSHA). Like other administrative agencies, the OSHA affects 2. (TCO 1) In a suit against Owen, Phil obtains specific performance. This is 3. (TCO 1) As a judge, Potter applies common law rules. These rules develop from 4. (TCO 1) In Export Co. v. Imports, Inc., there is no precedent on which the court can base a decision. The court can consider 5. (TCO 1) In Nebraska, the highest-ranking (superior) law is 6. (TCO 2) Orin claims that a Pennsylvania state statute infringes on his "substantive due process" rights. This claim focuses on 7. (TCO 2) Machismo Motor Sales Corporation regularly advertises its off-the-road and all-terrain vehicles and other products. Under the First Amendment, these ads and other commercial speech are given 8. (TCO 2) Serene City enacts an ordinance that bans the use of "sound amplifying systems" on public streets. Tyler wants to campaign for a seat on the city council by broadcasting his message through speakers mounted on a truck. In Tyler's suit against the city, a court would likely hold the ordinance to be 9. (TCO 2) Savers Mart, Inc., distributes its merchandise to retail outlets on an interstate basis. Under the commerce clause, Congress has the power to regulate 10. (TCO 2) Expendable Energy Corporation......

Words: 264 - Pages: 2

Busn 420 Week 1 Quiz

...BUSN 420 Week 1 Quiz Purchase here http://devrycourse.com/busn-420-week-1-quiz Product Description 1. (TCO 1) Crater Tools Company may be subject to regulations issued by the Occupational Safety and Health Administration (OSHA). Like other administrative agencies, the OSHA affects 2. (TCO 1) In a suit against Owen, Phil obtains specific performance. This is 3. (TCO 1) As a judge, Potter applies common law rules. These rules develop from 4. (TCO 1) In Export Co. v. Imports, Inc., there is no precedent on which the court can base a decision. The court can consider 5. (TCO 1) In Nebraska, the highest-ranking (superior) law is 6. (TCO 2) Orin claims that a Pennsylvania state statute infringes on his "substantive due process" rights. This claim focuses on 7. (TCO 2) Machismo Motor Sales Corporation regularly advertises its off-the-road and all-terrain vehicles and other products. Under the First Amendment, these ads and other commercial speech are given 8. (TCO 2) Serene City enacts an ordinance that bans the use of "sound amplifying systems" on public streets. Tyler wants to campaign for a seat on the city council by broadcasting his message through speakers mounted on a truck. In Tyler's suit against the city, a court would likely hold the ordinance to be 9. (TCO 2) Savers Mart, Inc., distributes its merchandise to retail outlets on an interstate basis. Under the commerce clause, Congress has the power to regulate 10. (TCO 2) Expendable Energy Corporation......

Words: 264 - Pages: 2

Busn 420 Week 1 Quiz

...BUSN 420 WEEK 1 QUIZ To purchase this visit following link: http://www.activitymode.com/product/busn-420-week-1-quiz/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUSN 420 WEEK 1 QUIZ BUSN 420 Week 1 Quiz 1. (TCO 1) Crater Tools Company may be subject to regulations issued by the Occupational Safety and Health Administration (OSHA). Like other administrative agencies, the OSHA affects 2. (TCO 1) In a suit against Owen, Phil obtains specific performance. This is 3. (TCO 1) As a judge, Potter applies common law rules. These rules develop from 4. (TCO 1) In Export Co. v. Imports, Inc., there is no precedent on which the court can base a decision. The court can consider 5. (TCO 1) In Nebraska, the highest-ranking (superior) law is 6. (TCO 2) Orin claims that a Pennsylvania state statute infringes on his “substantive due process” rights. This claim focuses on 7. (TCO 2) Machismo Motor Sales Corporation regularly advertises its off-the-road and all-terrain vehicles and other products. Under the First Amendment, these ads and other commercial speech are given 8. (TCO 2) Serene City enacts an ordinance that bans the use of “sound amplifying systems” on public streets. Tyler wants to campaign for a seat on the city council by broadcasting his message through speakers mounted on a truck. In Tyler’s suit against the city, a court would likely hold the ordinance to be 9. (TCO 2) Savers Mart, Inc., distributes its merchandise to retail outlets on an interstate basis. Under the...

Words: 928 - Pages: 4

Busn 420 Week 6 Quiz

...BUSN 420 WEEK 6 QUIZ To purchase this visit following link: http://www.activitymode.com/product/busn-420-week-6-quiz/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUSN 420 WEEK 6 QUIZ BUSN 420 Week 6 Quiz 1. (TCO 7) The process behind the production of “Fast Pace,” a racecar video game, is protected by _____. 2. (TCO 7) RiteMade Machinery, Inc., designs, makes, and sells a drill press. Steel Equipment Company copies the design without RiteMade’s permission. Steel’s conduct is actionable provided 3. (TCO 7) Joey reproduces Mina’s copyrighted work without paying royalties. Joey is most likely excepted from liability for copyright infringement under the “fair use” doctrine if 4. (TCO 7) Diamond Financial Planners employs Ella, who is the firm’s most productive performer. Ella, dissatisfied with the commission structure, quits to work for Feldstar Investments, Inc. She takes her list of Diamond clients to induce them to switch to Feldstar. Trade secrets law covers 5. (TCO 7) Delite Toys, Inc., makes EZ Goo, a famous children’s toy. Without Delite’s consent, Fast Adhesives Company begins to use “ezgoo” as part of the URL for Fast’s website. Fast claims that no consumer would confuse the website with the toy. Fast has committed 6. (TCO 8) Via the Internet, Rocky sabotages the computer system of Quik Chik’n Company, a food manufacturer, with the purpose of altering the levels of ingredients of the company’s products so that consumers of the food become ill. Rocky is _____. ...

Words: 1276 - Pages: 6

Busn 420 Week 2 Quiz

...BUSN 420 WEEK 2 QUIZ To purchase this visit following link: http://www.activitymode.com/product/busn-420-week-2-quiz/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUSN 420 WEEK 2 QUIZ BUSN 420 Week 2 Quiz 1. (TCO 3) Sam, a citizen of New Mexico, wants to file a suit against Tanya, a citizen of Texas. Their diversity of citizenship may be a basis for 2. (TCO 3) In Fancy Frills Corporation’s suit against Glamour Stores, Inc., the jury returns a verdict in Fancy’s favor. Glamour files a motion asking the judge to set aside the verdict and begin new proceedings. This is a motion for 3. (TCO 3) Jo files a suit against Lara in a Missouri state court. Lara’s only connection to Missouri is an ad on the Web originating in Nebraska. For Missouri to exercise jurisdiction, the issue is whether Lara, through her ad, has 4. (TCO 3) Hua, a resident of Illinois, owns a warehouse in Indiana. A dispute arises over the ownership of the warehouse with Jac, a resident of Kentucky. Jac files a suit against Hua in Indiana. Regarding this suit, Indiana has 5. (TCO 3) Sam, a citizen of Tennessee, files a suit in a Tennessee state court against United Sales Corporation, a Wyoming company that does business in Tennessee. The court has original jurisdiction, which means that 6. (TCO 1) Reaching for a bottle of soda from a display in a Bargain Mart store, Cody slips in a puddle of spilled soda and falls, suffering an injury. Bargain Mart’s employees are not aware of the spilled soda until Cody......

Words: 1749 - Pages: 7

Busn 420 Week 4 Quiz

...BUSN 420 WEEK 4 QUIZ To purchase this visit following link: http://www.activitymode.com/product/busn-420-week-4-quiz/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUSN 420 WEEK 4 QUIZ BUSN 420 Week 4 Quiz 1. (TCO 4) Mikayla enters into a contract with Logan to provide surface material for Mikayla’s tennis courts by April 1 for a tournament to begin May 1. The contract specifies an amount to be paid if the contract is breached. This is a liquidated damages clause if the amount is 2. (TCO 4) Karson orally agrees to pay Jaime to plant and harvest a quarter of Karson’s farm acreage for four corn-planting seasons. After Jaime prepares the land and plants the first crop, Karson says that their deal is off. Jaime can most likely recover 3. (TCO 4) Reel Graphics, Inc. agrees to assume a debt of Suave Marketing Company to Town Credit Union. This promise is for Reel’s benefit. To be enforceable, the promise 4. (TCO 4) Lark enters into a contract to mine gravel in Milena’s quarry, sell it, and share the profits on its sale with Milena. If the duties under this contract are discharged like those under most contracts, the duties will be _____. 5. (TCO 4) Pure Oil Company enters into a contract with QuikBilt, Inc., to construct an oil pipeline to withstand specific conditions. If QuikBilt fails to meet this standard, which is construed as a breach of contract and a breach of a duty of care, Pure might be awarded punitive damages to 6. (TCO 4) Lou and Mira want to rescind their......

Words: 1937 - Pages: 8

Busn 420 Week 1 Quiz

...BUSN 420 WEEK 1 QUIZ To purchase this visit following link: http://www.activitymode.com/product/busn-420-week-1-quiz/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUSN 420 WEEK 1 QUIZ BUSN 420 Week 1 Quiz 1. (TCO 1) Crater Tools Company may be subject to regulations issued by the Occupational Safety and Health Administration (OSHA). Like other administrative agencies, the OSHA affects 2. (TCO 1) In a suit against Owen, Phil obtains specific performance. This is 3. (TCO 1) As a judge, Potter applies common law rules. These rules develop from 4. (TCO 1) In Export Co. v. Imports, Inc., there is no precedent on which the court can base a decision. The court can consider 5. (TCO 1) In Nebraska, the highest-ranking (superior) law is 6. (TCO 2) Orin claims that a Pennsylvania state statute infringes on his “substantive due process” rights. This claim focuses on 7. (TCO 2) Machismo Motor Sales Corporation regularly advertises its off-the-road and all-terrain vehicles and other products. Under the First Amendment, these ads and other commercial speech are given 8. (TCO 2) Serene City enacts an ordinance that bans the use of “sound amplifying systems” on public streets. Tyler wants to campaign for a seat on the city council by broadcasting his message through speakers mounted on a truck. In Tyler’s suit against the city, a court would likely hold the ordinance to be 9. (TCO 2) Savers Mart, Inc., distributes its merchandise to retail outlets on an interstate basis. Under the...

Words: 1237 - Pages: 5

Busn 420 Week 2 Quiz

...BUSN 420 WEEK 2 QUIZ To purchase this visit following link: http://www.activitymode.com/product/busn-420-week-2-quiz/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUSN 420 WEEK 2 QUIZ BUSN 420 Week 2 Quiz 1. (TCO 3) Sam, a citizen of New Mexico, wants to file a suit against Tanya, a citizen of Texas. Their diversity of citizenship may be a basis for 2. (TCO 3) In Fancy Frills Corporation’s suit against Glamour Stores, Inc., the jury returns a verdict in Fancy’s favor. Glamour files a motion asking the judge to set aside the verdict and begin new proceedings. This is a motion for 3. (TCO 3) Jo files a suit against Lara in a Missouri state court. Lara’s only connection to Missouri is an ad on the Web originating in Nebraska. For Missouri to exercise jurisdiction, the issue is whether Lara, through her ad, has 4. (TCO 3) Hua, a resident of Illinois, owns a warehouse in Indiana. A dispute arises over the ownership of the warehouse with Jac, a resident of Kentucky. Jac files a suit against Hua in Indiana. Regarding this suit, Indiana has 5. (TCO 3) Sam, a citizen of Tennessee, files a suit in a Tennessee state court against United Sales Corporation, a Wyoming company that does business in Tennessee. The court has original jurisdiction, which means that 6. (TCO 1) Reaching for a bottle of soda from a display in a Bargain Mart store, Cody slips in a puddle of spilled soda and falls, suffering an injury. Bargain Mart’s employees are not aware of the spilled soda until Cody......

Words: 1312 - Pages: 6

Busn 420 Week 5 Quiz

...BUSN 420 Week 5 Quiz Purchase here http://devrycourse.com/busn-420-week-5-quiz Product Description 1. (TCO 5) Jelly Jar Company includes in its online offers a provision that indicates any disputes arising under the contract must be resolved in Kansas. Lena, a resident of Maine, accepts Jelly Jar's offer. If a dispute arises, a court will most likely rule that it must be resolved in 2. (TCO 5) Over the course of a year, Retail Marketers, Inc., sells goods from its inventory and one of its warehouses. In exchange, Retail receives checks and other items that substitute for cash, which Retail uses to repay a loan from Savings Bank. Article 2 of the UCC governs 3. (TCO 5) Gail enters into a contract with Hi-Price Appliances, Inc. In a suit between the parties over payment under the contract, Gail claims that a certain clause is unconscionable. If the court agrees, it may 4. (TCO 5) Trendee Clothiers, Inc., sells t-shirts to U-Pik-It Stores, Inc., under an existing contract. When textile costs increase, U-Pik-It agrees to a price increase, but later wants to cancel the contract. U-Pik-It may 5. (TCO 5) Expert Stitching Corporation enters into a contract to sell denim clothing to Fine Fashion Company, which in turn sells a pair of jeans to Grady, a consumer. In contrast to standards that apply to consumers, the UCC imposes on merchants 6. (TCO 6) After notice-and-comment rulemaking, the U.S. Bureau of Land Management (BLM) issues a new rule and applies it to......

Words: 2814 - Pages: 12

Busn 420 Week 4 Quiz

...BUSN 420 Week 4 Quiz Purchase here http://devrycourse.com/busn-420 Product Description 1. (TCO 4) Mikayla enters into a contract with Logan to provide surface material for Mikayla's tennis courts by April 1 for a tournament to begin May 1. The contract specifies an amount to be paid if the contract is breached. This is a liquidated damages clause if the amount is 2. (TCO 4) Karson orally agrees to pay Jaime to plant and harvest a quarter of Karson's farm acreage for four corn-planting seasons. After Jaime prepares the land and plants the first crop, Karson says that their deal is off. Jaime can most likely recover 3. (TCO 4) Reel Graphics, Inc. agrees to assume a debt of Suave Marketing Company to Town Credit Union. This promise is for Reel's benefit. To be enforceable, the promise 4. (TCO 4) Lark enters into a contract to mine gravel in Milena's quarry, sell it, and share the profits on its sale with Milena. If the duties under this contract are discharged like those under most contracts, the duties will be _____. 5. (TCO 4) Pure Oil Company enters into a contract with QuikBilt, Inc., to construct an oil pipeline to withstand specific conditions. If QuikBilt fails to meet this standard, which is construed as a breach of contract and a breach of a duty of care, Pure might be awarded punitive damages to 6. (TCO 4) Lou and Mira want to rescind their contract under which Lou sold an MP3 player to Mira for $50. To rescind the contract 7. (TCO 4) Pablo and......

Words: 3052 - Pages: 13

Busn 420 Week 1 Quiz

...BUSN 420 Week 1 Quiz Purchase here http://devrycourse.com/busn-420-week-1-quiz Product Description 1. (TCO 1) Crater Tools Company may be subject to regulations issued by the Occupational Safety and Health Administration (OSHA). Like other administrative agencies, the OSHA affects 2. (TCO 1) In a suit against Owen, Phil obtains specific performance. This is 3. (TCO 1) As a judge, Potter applies common law rules. These rules develop from 4. (TCO 1) In Export Co. v. Imports, Inc., there is no precedent on which the court can base a decision. The court can consider 5. (TCO 1) In Nebraska, the highest-ranking (superior) law is 6. (TCO 2) Orin claims that a Pennsylvania state statute infringes on his "substantive due process" rights. This claim focuses on 7. (TCO 2) Machismo Motor Sales Corporation regularly advertises its off-the-road and all-terrain vehicles and other products. Under the First Amendment, these ads and other commercial speech are given 8. (TCO 2) Serene City enacts an ordinance that bans the use of "sound amplifying systems" on public streets. Tyler wants to campaign for a seat on the city council by broadcasting his message through speakers mounted on a truck. In Tyler's suit against the city, a court would likely hold the ordinance to be 9. (TCO 2) Savers Mart, Inc., distributes its merchandise to retail outlets on an interstate basis. Under the commerce clause, Congress has the power to regulate 10. (TCO 2) Expendable Energy Corporation......

Words: 1320 - Pages: 6

Busn 420 Week 6 Quiz

...BUSN 420 Week 6 Quiz Purchase here http://devrycourse.com/busn-420-week-6-quiz Product Description 1. (TCO 7) The process behind the production of "Fast Pace," a racecar video game, is protected by _____. 2. (TCO 7) RiteMade Machinery, Inc., designs, makes, and sells a drill press. Steel Equipment Company copies the design without RiteMade's permission. Steel's conduct is actionable provided 3. (TCO 7) Joey reproduces Mina's copyrighted work without paying royalties. Joey is most likely excepted from liability for copyright infringement under the "fair use" doctrine if 4. (TCO 7) Diamond Financial Planners employs Ella, who is the firm's most productive performer. Ella, dissatisfied with the commission structure, quits to work for Feldstar Investments, Inc. She takes her list of Diamond clients to induce them to switch to Feldstar. Trade secrets law covers 5. (TCO 7) Delite Toys, Inc., makes EZ Goo, a famous children's toy. Without Delite's consent, Fast Adhesives Company begins to use "ezgoo" as part of the URL for Fast's website. Fast claims that no consumer would confuse the website with the toy. Fast has committed 6. (TCO 8) Via the Internet, Rocky sabotages the computer system of Quik Chik'n Company, a food manufacturer, with the purpose of altering the levels of ingredients of the company's products so that consumers of the food become ill. Rocky is _____. 7. (TCO 8) Via e-mail, Vern makes repeated credible threats to Ursula that put her in......

Words: 2281 - Pages: 10

Busn 420 Week 3 Quiz

...BUSN 420 WEEK 3 QUIZ TO purchase this tutorial visit following link: http://wiseamerican.us/product/busn-420-week-3-quiz/ Contact us at: SUPPORT@WISEAMERICAN.US BUSN 420 WEEK 3 QUIZ 1. (TCO 4) Employment Sources, Inc., enters into a contract with Fred. If Fred is a minor, this contract is most likely 2. (TCO 4) Under a contract with Bucolic Farms, Agro Excavation, Inc., begins digging an agricultural pond. In mid-project, Agro asks for $15,000 over the contract price, claiming an increase in the “cost of doing business.” Bucolic agrees but later refuses to pay. Their agreement is 3. (TCO 4) Shelby offers to make digital copies of Relay Company’s business conference videotapes, CDs, DVDs, and other media for $500. Under the mailbox rule and the Uniform Electronic Transactions Act (UETA), Relay’s acceptance by e-mail will be considered effective when 4. (TCO 4) Opie offers to sell his guitar to Pinky for $100. Pinky agrees. They complete and sign a printed form that includes, near the blanks for their signatures, the word “seal.” This is 5. (TCO 4) Braxton questions whether there is consideration for his contract with Tawny to exchange his accounting services for her payment of a certain amount. To constitute consideration, there must be 6. (TCO 4) Lou claims that he and Myra entered into an implied-in-fact contract. To establish this contract, it is not necessary to show that 7. (TCO 4) Flo tells Gregor that she will buy his textbook from last semester for $65.......

Words: 360 - Pages: 2

Busn 420 Week 1 Quiz

...BUSN 420 WEEK 1 QUIZ TO purchase this tutorial visit following link: http://wiseamerican.us/product/busn-420-week-1-quiz/ Contact us at: SUPPORT@WISEAMERICAN.US BUSN 420 WEEK 1 QUIZ 1. (TCO 1) Crater Tools Company may be subject to regulations issued by the Occupational Safety and Health Administration (OSHA). Like other administrative agencies, the OSHA affects 2. (TCO 1) In a suit against Owen, Phil obtains specific performance. This is 3. (TCO 1) As a judge, Potter applies common law rules. These rules develop from 4. (TCO 1) In Export Co. v. Imports, Inc., there is no precedent on which the court can base a decision. The court can consider 5. (TCO 1) In Nebraska, the highest-ranking (superior) law is 6. (TCO 2) Orin claims that a Pennsylvania state statute infringes on his “substantive due process” rights. This claim focuses on 7. (TCO 2) Machismo Motor Sales Corporation regularly advertises its off-the-road and all-terrain vehicles and other products. Under the First Amendment, these ads and other commercial speech are given 8. (TCO 2) Serene City enacts an ordinance that bans the use of “sound amplifying systems” on public streets. Tyler wants to campaign for a seat on the city council by broadcasting his message through speakers mounted on a truck. In Tyler’s suit against the city, a court would likely hold the ordinance to be 9. (TCO 2) Savers Mart, Inc., distributes its merchandise to retail outlets on an interstate basis. Under the commerce clause,......

Words: 531 - Pages: 3