Dunn, a resident of Florida, was in an automobile accident caused by Greeley, a resident of Alabama. Dunn's van was damaged to the extent of $3,500 . May Dunn sue Greeley in the federal district court for Alabama? Why or why not?
No. Although federal district courts may hear cases involving parties from different states, the amount of a claim must be more than $75,000.
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A price tactic that requires the buyer to absorb the freight costs from the shipping point is called ______________.
A. value-based pricing B. FOB origin pricing C. uniform delivered pricing D. zone pricing
Mark Jones, the marketing manager for Big Brand Furniture, is conducting an analysis of internal sales data. These data are collected and stored electronically on site by each store. He is able to access the data on his computer at the corporate headquarters. He is gathering this information via a(n) ________.
A. information broker B. online database C. market research organization D. sales force automation system E. CRM system
All federal government agencies must make their records available electronically on the Internet.
Answer the following statement true (T) or false (F)
Suppose you saw a set of quoted prices from a U.S. bank and a French bank such that you could borrow dollars, sell the dollars in the spot foreign exchange market for euros, deposit the euros for 90 days, and make a forward contract to sell euros for
dollars and make a guaranteed profit. Would this be an arbitrage opportunity? Why or why not?