Which tort is concerned with a business attempting to improve itself in the market by interfering with another's business in an unreasonable and improper manner:
a. interference with prospective advantage b. interference with competition
c. interference with business practices d. interference with intent
e. none of the other choices
a
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When merchandise is sold and the perpetual system of inventory is used, the journal entry for a sale would include
a. debiting Accounts Receivable and crediting Sales. b. debiting Accounts Receivable and crediting Merchandise Inventory. c. debiting Accounts Receivable and crediting Cost of Goods Sold. d. debiting Cost of Goods Sold and crediting Sales.
How can a company leverage economies of scale to its benefit?
What will be an ideal response?
Prentice Company had cash sales of $94,825, credit sales of $83,775, sales returns and allowances of $1925, and sales discounts of $3700. Prentice's net sales for this period equal:
A. $172,975. B. $176,675. C. $178,600. D. $94,825. E. $174,900
Edie is the payee of a bearer instrument¾a promissory note in the amount of $1,000. Frank offers to irrigate Edie's ranch next week in exchange for the note. Edie agrees and delivers the note to Frank. Frank is
A. an HDC, because he promised to perform services at a future date. B. not an HDC, because he did not take the instrument without notice. C. not an HDC, because he did not acquire the instrument in good faith. D. not an HDC, because he did not yet give value for the instrument.