________ float is the delay between the receipt of a check and the actual deposit of it into a firm's account.

A) Disbursement
B) Deposit
C) Processing
D) Clearing


C) Processing

Business

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Rewards given as contest prizes to brokers, retail salespeople, retail stores, wholesalers, or agents would be considered a:

A) trade allowance B) trade contest C) cooperative merchandise agreement D) drop-ship allowance

Business

The theft of trade secrets is a federal crime

Indicate whether the statement is true or false

Business

Any use of delivered goods by the buyer—even for the limited purpose of testing them—constitutes acceptance.

Answer the following statement true (T) or false (F)

Business

What is the significance of the name preferred stock?

A. It is the type of stock that most investors would rather have. B. Its claims on dividends are paid before those of common stock. C. The overall return on preferred stock is higher than that on common stock. D. This stock is available only to select individuals associated with the company. E. This stock provides the most powerful voting rights.

Business