Court decisions involving mistakes in contracts are often complex and the courts attempt to determine whether the mistake was:

A. unintentional.
B. unilateral or mutual.
C. intentional.
D. criminal.


Answer: B

Business

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Requirements 1. Compute the product cost per harmonica produced under variable costing. 2. Prepare an income statement for January, 2019

Louie's Music produces harmonicas that it sells for $12 each. The company computes a
new monthly fixed manufacturing overhead allocation rate based on the planned number
of harmonicas to be produced that month. Assume all costs and production levels are
exactly as planned. The following data are from Louie's Music's first month in business:

Business

A major disadvantage of advertising is that _____

a. a small audience is attracted b. retail control over message timing and content is low c. few alternative media are available d. the message is standardized and inflexible

Business

Looking at marketing as a set of managerial activities means focusing on

A. macro-marketing. B. for-profit marketing. C. nonprofit marketing. D. personalized marketing. E. micro-marketing.

Business

Sadie runs a local ice cream stand and is developing a new type of ice cream sundae. She just sent a press release to the local newspaper and updated her website with information about the new sundae. Based on this information, Sadie is most likely in the _____ stage of the new-product development cycle.

A. screening B. commercialization C. business analysis D. concept testing E. product development

Business