Angelica sells a line of designer handbags. She is planning to open a series of shops to sell her products. Each shop
will be in a different area of the state. This type of distribution is known as exclusive distribution

a. True
b. False
Indicate whether the statement is true or false


True

Business

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If a company purchases $3,200 worth of inventory with terms of 3/10, n/30 on March 3 and pays March 12, then the amount paid to the seller would be

a. $96 b. $3,104 c. $3,200 d. None of these choices

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Most consumer sales promotions temporarily change the price/value relationship

Indicate whether the statement is true or false

Business

The freedom-to-________ doctrine states that parties who are legally competent are allowed to enter into whatever contracts they wish

A) compete B) enter C) sign D) contract

Business

In most countries, strong, consistent eye contact is considered a sign of confidence

Indicate whether the statement is true or false

Business