A(n) ________ Is a Thought, Impression, or Notion

question 45

Multiple Choice

A(n) ________ is a thought, impression, or notion. A(n) ________ is a favorable set of circumstances that creates the need for a new product, service, or business.

• A) scheme, notion
• B) opportunity, idea
• C) idea, design
• D) idea, opportunity
• E) notion, scheme

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Definitions:

U.S. Firm

A company or business incorporated or conducting significant operations in the United States.

U.S. Dollars

The official currency of the United States, symbolized as $ and also known as USD.

Department Stores

Large retail establishments offering a wide range of products across multiple departments.

Ad Valorem Duty

A tax charged as a percent of the value of the item.