Which of the Following Illustrates That Time and Surroundings Are

question 68

Multiple Choice

Which of the following illustrates that time and surroundings are factors of the purchase situation that can greatly stimulate buying behavior?

• A) Routine trip to grocery store
• B) Using mass transit to and from work
• C) Black Friday shopping
• D) Buying online
• E) Paying monthly cell phone bill

---

Definitions:

Retained Earnings

The portion of net earnings not distributed as dividends to shareholders but retained by the company for reinvestment.

Noncumulative Preferred Shares

Type of preferred stock where dividends not paid in a particular year do not accumulate and must be forfeited.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares.

Shareholders' Equity

Shareholders' equity represents the residual interest in the assets of a corporation after deducting its liabilities, indicating the ownership interest of the shareholders.