Which of the following statements about executory contracts is false?
A) Executory contracts are contracts in the process of begin filled.
B) A purchase order is an example of an executory contract.
C) Executory contracts are recognized as liabilities when the company receives the benefits
D) Executory contracts are contingent obligations.
A
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In the context of sales communication, effective communication skills are needed:
A. to enable buyers and salespeople to reach an agreement immediately. B. to identify buying needs and to demonstrate to buyers how a salesperson's proposed solution can satisfy those needs better than competitors. C. to allow salespeople to isolate themselves from the decision-making process of buyers. D. to enable salespeople to maximize profits in the short run and to develop agreement among participants. E. to determine the mental state of buyers and manipulate them into believing that a product has high attributes.
The _______ provides inexpensive, convenient, self-service exchange relationships with minimal value-added service, often through Internet Web sites or other direct marketing media
a. efficient, low-cost transactional experience b. high-touch, consultative experience c. flexible, multi-access-point experience d. one-stop shopping experience
Agency funds report:
A. only assets and liabilities. B. assets, liabilities, fund balance, revenues, and expenditures. C. only revenues and expenditures. D. assets, liabilities, and fund balance.
Who are the three distinct types of participants in the market for business resources? Briefly describe the role of each group of participants.
What will be an ideal response?