Which of the Following Is an Example of a Fixed

question 30

Multiple Choice

Which of the following is an example of a fixed cost that is also a sunk cost for a bakery as of January 15?

• A) The electric bill for the coming calendar year.
• B) An accountant's fees for tax preparation in April.
• C) The cost of a one-year lease on a building, signed January 1.
• D) The salary of the baker for the month of February.

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Definitions:

Discrimination

Unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Public Accommodation

Business and nonbusiness enterprises, buildings, and other places and organizations that are generally open to the public, which are subject to regulation, including non-discrimination requirements on various bases, by federal, state, and local laws. Definitions vary somewhat under each specific law, but generally exclude private clubs and religious organizations.

Tort Action

A legal action for a tort, which is a wrongful act leading to civil legal liability.

Commercial Property

Real estate property that is used for business activities or purposes rather than as residential property.