When demand is inelastic, a decrease in price will result in an increase in total revenue.

When an offer is unclear about the form of acceptance it requires,there cannot be a valid acceptance.

A(n) _____ is the personal satisfaction and enjoyment that a person feels from attaining a goal.

A) intrinsic need
B) extrinsic need
C) intrinsic reward
D) extrinsic reward
E) extrinsic motivation

_____ is the extent to which people base their behavior on cues from other people and situations.

A) Self-efficacy
B) Positive affect
C) Self-monitoring
D) Self-esteem

If a not-for-profit organization uses the restricted fund method of reporting and has a capital fund, how should a donation of cash restricted to the purchase of land be reported?

A) As revenue in the general fund.
B) As revenue in the capital fund.
C) As a direct increase in net assets in the general fund.
D) As a direct increase in net assets in the capital fund.

Which of the following sentences most effectively presents promotional materials in a message responding to a customer inquiry?

A) We offer an outstanding variety of thank-you gifts for our most valuable customers.
B) You will find that our top-selling host gift baskets not only welcome your guests but also save you money and time compared to individually purchasing and assembling your host baskets on site.
C) Can I interest you in anything else?
D) If I can be of further assistance with any of our other fine products, do not hesitate to contact me.

List the five items that a party warrants when the party transfers an instrument for consideration.