When farmers rent land in order to increase crop production,they are acquiring capital.

In most jurisdictions, if the court classifies the nature of a third-party agreement as a guarantee, there is no requirement of writing.

When the issue is extremely important to listeners, the speaker's personal characteristics are more important than the message content in persuading listeners.

As output decreases, average fixed costs

A) decrease.
B) initially decrease and then increase.
C) remain constant.
D) increase.

Laurant Corporation uses the FIFO method in its process costing system.Department A is the first stage of the company's production process.The following information is available for conversion costs for the month of May for Department A: The equivalent units of production for conversion costs for the month is closest to:

A) 34,000 units
B) 34,400 units
C) 35,000 units
D) 37,400 units

The U.S. Department of Justice needs to have construction work done on a federal courthouse. The agency asks contractors to submit bids. This is

A) an offer.
B) an invitation to submit offers, not an offer itself.
C) a catalogue, not an offer.
D) a price list, not an offer.