Which of the following represents a unilateral offer?
A) "I will pay you $50 if you mow my lawn."
B) "I will pay you $50 if you promise to trim that tree."
C) "I will pay you $50 for your CD player."
D) "I will pay you $50 for your backpack."
A
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Conversion cost is the sum of direct labor cost and manufacturing overhead cost.
Answer the following statement true (T) or false (F)
Which of the following is true of a joint venture?
A) The parties to a joint venture are considered limited partners. B) Both parties to a joint venture have equal rights to manage the venture. C) A joint venture is a partnership that lasts for multiple projects. D) Parties to a joint venture are exempt from fiduciary duties to each other.
Clearview 3D HD TV Company grants its agent Blossom an exclusive territory in which to sell Clearview products. Clearview cannot compete with Blossom in that territory under the principal's duty of
A. avoidance. B. cooperation. C. indemnification. D. reimbursement.
A manufacturer of detergent enhances their product offering by introducing new scents of their product. This is an example of which kind of R&D?
A) Technological push B) New product innovation C) Market pull D) Discontinuous design