Deeds do which of the following:
a. identify the original owner b. describe the land
c. identify the new owner
d. state that ownership is being transferred
e. all of the other specific choices are correct
e
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The ultimate goal of a free trade agreement is to have standardized duties on goods that cross borders between the partners
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Factory rent, as well as factory property taxes and insurance, are included in manufacturing overhead. 2. Manufacturing companies have inventory accounts, but merchandising companies do not. 3. Freight costs paid to ship raw materials to a company warehouse are considered product costs. 4. Sales commissions are included in manufacturing overhead. 5. In a manufacturing company, advertising and marketing costs are examples of period costs.
Which of the following is true of a buyer with an output contract?
A) The buyer cannot sue the seller in case the seller plans to share its output with another buyer. B) The buyer can choose to buy when and what he wants from the seller. C) The buyer is obliged to buy all the goods sold by the seller. D) The buyer cannot enforce the best-efforts clause in the output contract.
Which of the following statements is true of sales promotions?
a. Public relations cannot effectively be used with sales promotions. b. Sales promotion is a type of direct marketing. c. Marketers view sales promotion as an attempt to create a long-term, committed relationship between customers and salespersons. d. Sales promotions include experiential marketing whereby marketers create events that enable customers to connect with brands.