Direct-response TV (DRTV) includes short commercials of less than two minutes, 30-minute or longer infomercials, and home shopping networks such as QVC and HSN

Indicate whether the statement is true or false


TRUE

Business

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If product X cost $50 and had a 4 percent failure rate, the entry to record the estimated product warranty expense in a month when 1,000 units are sold would be

a. Product Warranty Expense 2,000 Estimated Product Warranty Liability 2,000 b. Product Warranty Expense 200 Estimated Product Warranty Liability 200 c. Product Warranty Expense 20 Cash 20 d. Estimated Product Warranty Liability 50 Cash 50

Business

A __________ arrow represents the flow of material in a material flow map.

What will be an ideal response?

Business

The deliberation of the jury takes place in private

a. True b. False

Business

The Federal Trade Commission requires franchisors to A) give prospective franchisees a franchise disclosure document at least 14 business days prior to the signing of a contract or payment of any money

B) give prospective franchisees earnings information on the company. C) disclose any litigation the company has ever been involved in. D) let prospective franchisees know how many franchisees have gone out of business in the prior five years.

Business