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When Bud's Auto Repair Shop Purchased Time on Local Television,the

question 29

Multiple Choice

When Bud's Auto Repair Shop purchased time on local television,the station sales rep promised a total exposure for the ad of 32,000.In other words,the _____ for the commercial would be 32,000.


Definitions:

Capital Balance

Represents the amount of funds contributed by investors or owners plus retained earnings in a company.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.

Bonus

An additional payment or reward given to employees as an incentive or reward for performance.

Partnership

A form of business organization where two or more individuals agree to share the profits and losses of a business venture.

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