Describe the structure of the federal court system. How does the federal court system compare/contrast with the state court system of the state where you are living?
The federal court system consists of the U.S. District Courts, which are the federal trial courts, the U.S. Courts of Appeals, and the U.S. Supreme Court, which is the highest tribunal in the United States. Other federal courts include the U.S. Court of Federal Claims, the U.S. Bankruptcy Courts, the Tax Court, and the U.S. Court of Appeals for the Federal Circuit. Most state court systems consist of general jurisdiction trial courts, appellate courts, and a state supreme court. Most states also have specialized courts to handle matters such as workers' compensation, probate, divorce, and taxes.
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All of the following events (transactions) would be identified from standard source documents except for
a. freight charges for merchandise purchased from suppliers. b. the amount to be paid to settle a lawsuit for discrimination in hiring employees. c. wages to be paid to hourly employees. d. commissions earned by sales employees.
Which of the following statements is true about a reduce-market-focus defensive strategy?
A) It involves introducing new lines of products. B) It requires an increase in the marketing budget. C) It will likely lead to lower levels of profitability as a percentage of sales. D) It is most appropriate when a business has the resources to invest in protecting its current share position. E) It involves trimming market share in an effort to improve profit performance.
Which type of salesperson would routinely be involved in an industrial straight rebuy situation?
A. an order getter B. a missionary salesperson C. a sales engineer D. an inside order taker E. an outside order taker
One disadvantage of a proprietary credit card is that it limits your purchases to a single merchant
Indicate whether the statement is true or false.