The choice of the most appropriate form of business enterprise cannot be determined without considering the particular circumstances of the owners

Indicate whether the statement is true or false


True

Business

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Which of the following statements about Internet retailing is true? 

A. The electronic channel offers a less satisfying shopping experience than catalogs. B. Customers do not receive sufficient information to evaluate products. C. Internet retailing gives customers an opportunity to use all five senses. D. Customers can have more personalized information on products. E. Online stores offer limited assortments compared to store channels.

Business

Fashion Barn Company, a retailer, accepts payment through credit cards. During August, credit card sales amounted to $12,000. The processor charges a 3% fee. Assume that the processor deposits the net amount. Prepare the journal entry for credit card sales. (Ignore cost of goods sold.) Omit explanation.

What will be an ideal response?

Business

When a company issues a press release to announce a sizable donation to a national charity, they are using ________ to generate goodwill and maintain a positive corporate image

A) personal selling B) sales promotion C) public relations D) direct and digital marketing E) advertising

Business

Which of the following is a recognized classification of torts?

A) misdemeanor B) felony C) strict liability D) contributory liability

Business