If a customer tells a sales representative from Johnson Supply, "I've always purchased my supplies from the Ralston Company," this person is most likely raising an objection to:
A) product
B) time
C) need
D) source
E) price
D
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List and briefly explain the functions of a negotiable instrument
What will be an ideal response?
A buyer has an insurable interest in goods when they are identified
a. True b. False Indicate whether the statement is true or false
Root & Branch Lumber Company obtains a fire insurance policy from Security Insurance, Inc, on a $400,000 warehouse. The policy includes an 80-percent coinsurance clause. Root & Branch insures the property for $320,000. In a fire, the warehouse suffers $200,000 in damage. Root & Branch can recover
a. $400,000. b. $320,000. c. $200,000. d. $80,000.
Normally, a franchisee receives a windfall on the termination of a franchise.
Answer the following statement true (T) or false (F)