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5 Written questions

5 Matching questions

  1. Indirect Distribution
  2. overtime
  3. contract
  4. interest-bearing account
  5. Marketing Mix
  1. a a legal agreement between two or more parties to conduct business
  2. b The four elements of marketing - product, place, price and promotion
  3. c earns interest on the balance left in the account
  4. d Involves one or more intermediaries
  5. e time worked beyond the regular hours - pay is 1 1/2 times the regular rate of pay

5 Multiple choice questions

  1. gives artists the sole right to own their creations, such as plays, photos, music, paintings and books
  2. Sells goods directly to the customer
  3. when the value of a country's currency goes down compare to another country's
  4. the practice of putting limits on foreign trade to protect businesses at home
  5. the federal government focuses on business that takes place across all states

5 True/False questions

  1. trade barriersgovernments use to limit competition from other countries (to keep foreign trade out)

          

  2. trustto grant the possession and enjoyment of (property, machinery, etc.) in return for the payment of rent from the tenant or lessee. (often fol. by out ).

          

  3. Debitto grant the possession and enjoyment of (property, machinery, etc.) in return for the payment of rent from the tenant or lessee. (often fol. by out ).

          

  4. wagesa piece of metal stamped and issued by the authority of a government for use as money.

          

  5. command economya central authority makes the key economic decisions

          

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