Felix tells Genie, a prospective tenant, that the roof of the Hillside Apartments building does not leak when Felix knows that it does. This may give rise to an action for fraud, because the statement is one of:

a. fact.
b. puffery.
c. opinion.
d. illusion.

Abond purchased for $950 was sold for $980 after one year. the interest received during the year is $25. the bond's yield is:

Present values. the 2-year discount factor is .92. what is the present value of $1 to be received in year 2? what is the present value of $2,000? (lo5-2)

Greg is planning an advertising campaign to promote his kayak tour company. the success of his ad campaign depends on the quality of his kayaks. how much money he spends. how well he can identify his target audience. how much consumers like him. whether he can gain commitments from manufacturers for complementary products.