Words change so quickly these days that we have new instant languages being created on a daily basis
Indicate whether the statement is true or false
TRUE
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The most useful information derived from a cost-volume-profit chart is the
a. amount of sales revenue needed to cover enterprise variable costs. b. amount of sales revenue needed to cover enterprise fixed costs. c. relationship among revenues, variable costs, and fixed costs at various levels of activity. d. volume or output level at which the enterprise breaks even.
Most courts interpret a general prohibition against assignments as a mere promise not to assign
Indicate whether the statement is true or false
It is important for a firm to win over the early majority section of the market to ensure the commercial success of an innovation because they
A. are driven by technology concerns rather than the practicality of a new product. B. enter into the market in large numbers, creating a herding effect. C. have the highest purchasing power when compared to the other customer segments. D. influence the purchase decisions of early adopters.
Marge Henderson was very unhappy when she took her six-month-old "Puma" automobile back to Maximum Deal Auto, the dealership where she purchased the auto. It was the sixth time she had returned the car to get the seller to fix a stalling condition that plagued the vehicle. This time the engine stalled while she was driving on a freeway and she nearly had an accident. Which of the following is
true? a. If the state where she purchased the car has a "lemon law," and she complies with its requirements, she may be able to receive a full refund of the price she paid for the car. b. As this will be the sixth time the dealership has repaired the car for the same continuing problem, her written auto warranty no longer covers the repairs and she will be required to pay for the labor and any parts replaced. c. If the stalling of the automobile engine is caused by a defective part from a supplier vendor, neither the Puma manufacturer nor Maximum Deal Auto is legally responsible. d. all of the above