Which of the following statements is incorrect?
True or False?
Only written contracts are legally enforceable.
You are offered a loan today in the amount of $50,000. The loan will be repaid with 60 monthly payments of $1,200. What is the effective annual interest rate for this loan?
Starbucks has expanded internationally using so-called greenfield ventures. Which of the following is NOT an advantage of such a strategy?
________ models how a specific class of users will use a system for a specific task by listing the process steps and alternatives.
A high school student does gardening chores for families in her neighborhood for extra cash. At $5 per hour, she is willing to work for 5 hours a week. At $7 per hour, she will do 10 hours of work. Using the midpoint method, what is her elasticity of supply?
Patents on allergy relief medications like Allegra and Claritin give the pharmaceutical companies that own the patents a(n) _____ for 17 years until the patent expires.
Which of the following is a “rule of thumb” with regards to short-term decision making?
Which of the following would be included in U.S. GDP as part of government expenditures?
You completely finance the purchase of a new Honda Odyssey for $25,000. The terms of the loan are 60 months of payments with a loan rate of 2.4% APR with monthly compounding. What is the balance on the loan after the first 12 payments?
The Terry Core Challenge is only open to Terry students.
You’ll find a new question posted here each Monday.
The question relates to the BBA curriculum. (Hope you’ve been paying attention…)
Answer the question by 8 a.m. Thursday.
If you answer correctly, you may win a TCC t-shirt and an Au Bon Pain gift card.
We’ll give a prize away every Friday. Don’t worry — we’ll email you if you win.
Answer a majority of the questions correctly and you'll also be entered in a drawing for a Last Resort Grill gift card + a reception with Dean Ayers!
Simple enough, right? Good luck!
Have a question? Email Us!