Principle of Ag Business CBA 6

The value of the shares issued by a company is known as which of the following?

• Stocks

• Bonds

• Equity

• Collateral

Which of the following accurately defines liquidity?

• They ability to convert an asset to cash quickly

• A valuable asset which the lender can attach to satisfy the loan in case of default by the borrower

• Money paid regularly at a particular rate for the use of money spent

• Delaying the repayment of a debt

APR stands for which of the following?

• American Potential Risk

• Annual Percentage Rate

• Amortization Principle Rate

• Appropriation Percentage Risk

Which of the following should have a contract between the two parties which specify the terms and conditions for the rental use of a resource?

• Collateral

• Lease

• Lien

• Maturity

A general increase in prices and fall in the purchasing value of money clearly defines which of the following?

• Amortization

• Inflation

• Lien

• Appropriation

Which of the following is considered a promotional pricing strategy?

• Odd-even pricing

• Multiple-unit pricing

• Prestige pricing

• Special event pricing

Which of the following is illegal in some states?

• Everyday low prices (EDLP)

• Loss-leader pricing

• Special event pricing

• Geographical pricing

Which type of discount is used to encourage early payment?

• Quantity discount

• Season discount

• Cash discount

• Early discount

Which of the following combines natural observation with interviewing techniques?

• Interviews

• Observations

• Point-of-sale research

• Experiments

Which of the following types of research is used infrequently due to cost and time?

• Interviews

• Observations

• Point-of-sale research

• Experiments