Baker Corporation sent a letter to Sampson Company in which Baker offered to purchase 10 acres of certain real estate from Sampson for $4,000. Sampson responded that it would sell eight of these acres for that price. Baker and Sampson have created:
A)?A contract for the sale of 8 acres for $4,000
B)?A contract for the sale of 10 acres for $4,000.
C)?A contract to sell 8 acres for $3,200.
D)?No contract in this connection
D
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If 20% of sales are cash, 50% of credit sales are collected during the month following the sale, and the remaining credit sales are collected two months after the sale, what is the formula in D6?
a) =D2*0.6
b) =C2*0.10
c) =B2*0.40
d) =D2*0.40
e) =C2*0.10
______ allow free, or low-cost, passage of goods among member nations.
A. Trade blocs B. Tariffs C. Embargoes D. Ethnocentrics
SMED was first developed and used at which car manufacturer?
a. Ford b. Mercedes-Benz c. Honda d. Toyota
The simple trade era was a time when families traded or sold their "surplus" output to local distributors who resold these goods to other consumers or distant distributors.
Answer the following statement true (T) or false (F)