Some of the elements of a contract are acceptance, consideration, legality, and capacity.
Answer the following statement true (T) or false (F)
True
Business
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Which of the following is not a type of horizontal restraint?
A. allocation of markets B. boycotts C. price-fixing D. tying agreement
Business
Global fund-raising requires a presence of ______.
A. volunteers B. surplus wealth C. health organizations D. agricultural products
Business
If a business had a capacity of $8,000,000 of sales, actual sales of $5,000,000, break-even sales of $3,500,000, fixed costs of $1,400,000, and variable costs of 60% of sales, what is the margin of safety expressed as a percentage of sales?
A) 25% B) 18% C) 28% D) 30%
Business
Define and give an example from your life that relates to the two types of decision making discussed in the textbook.
What will be an ideal response?
Business