JTR Recording Company Plans to Close Down a Division That

question 58

Multiple Choice

JTR Recording Company plans to close down a division that makes classical music cassette tapes.The demand for this type of recording has dwindled to the point that the cassette division is barely at break even in terms of revenue.Mostly likely the cassette division would be classified as a ____________.

• A) Star
• B) Cash cow
• C) Dog
• D) Problem Child
• E) Top Gun

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Definitions:

Consideration

Consideration in law refers to something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Gift

A voluntary transfer of property made without consideration, past or present.

Accession

The act of acquiring or adding something, especially to property or land, through natural means or as a result of the owner's actions.

Property Owner

An individual or entity that legally owns land or real estate.