From the Industrial Revolution until the 1920s, most companies were in the ________ era.
A. production
B. sales
C. simple trade
D. marketing company
E. marketing department
Answer: A
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Which of the following is not part of other comprehensive income?
A) unrealized changes in the value of trading securities B) certain pension plan gains, losses, and prior service cost adjustments C) certain gains and losses in derivatives D) currency translation adjustments
Describe the principal-agent relationship with respect to checks
What will be an ideal response?
Kimberley, a merchant-seller in Kansas, had an oral contract to sell goods to Jane, a merchant-buyer in Memphis for $100,000. Two days after contracting, Kimberley sends a sufficient written confirmation to Jane of the agreed-upon transaction
Jane, who has reason to know the contents of the written confirmation, fails to object to the contents of the confirmation immediately. Two weeks after receiving the written confirmation, Jane receives a delivery of the goods from Kimberley. Jane immediately sends an objection to the confirmation to Kimberley. Which of the following is true of the contract between Kimberley and Jane? A) The Statute of Frauds can be raised against the contract because a letter of objection was sent to the offeror. B) The offer is valid as the offeree knew the contents of the confirmation and did not object within 10 days. C) The contract is void as the offeror did not receive a letter of confirmation from the offeree for delivery. D) The Statute of Frauds can be raised because the offeree did not sign the contract.
A ________ interest provides the right to own and possess the land until one dies, but forbids the owner from using the property in such a way as to destroy its value to future holders
A) fee simple absolute B) life estate C) future interest D) conditional estate