Your client falls in love with a vacation home that is priced $20,000 over market price. Your client lives overseas and wants to close as soon as possible. They are paying cash, so financing is not an issue. After advising them of the market value and the likelihood of getting back their original investment upon resale, your job is to follow your client's instructions and make an offer at the exorbitant asking price. Your client tells you privately that they spend thousands on hotels whenever they come to the area for business, and so to them, the investment pays off in the end. This is an example of

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)