Sales does not meet the criterion of making a significant contribution to society.
Answer the following statement true (T) or false (F)
False
Sales meets the criterion of making a significant contribution to society. Sales also meets the criterion of operating from a substantial knowledge base that has been developed by academics, corporate trainers and executives, and professional organizations. See 1-3: Evolution of Professional Selling
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Blue Skies Travel charges Ok-Bong Lee a total of $3,500 for a trip to North Korea. After Lee pays the invoice, Blue Skies discovers that it failed to charge a special tax levied by the North Korean government on foreign travelers
Blue Skies sends an additional invoice to Lee, who refuses to pay, saying a deal is a deal. Which of the following is correct? A) This is a mistake of fact on the part of Blue Skies. It is entitled to rectification of the contract – that is, to include the extra charge. B) This is a mistake of law on the part of Blue Skies. The contract is binding on it. C) This is a mutual mistake. The contract cannot be rescinded or changed. D) This is a mistake as to interpretation of the contract. Blue Skies is entitled to damages. E) Lee cannot take advantage of Blue Skies' unilateral mistake, and must pay the additional charge.
Use the information below to answer the following question(s):Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts.Increase = I Decrease = D No Effect = NAOn March 1, Year 2, King Co. collected a note receivable and related interest from Havilland Co. The note had been issued one year earlier. Indicate the effects of this event on the elements of King's financial statements.
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A construction firm wants to estimate the direct labor of a worker who will perform multiple iterations of tasks. The worker must do a total of 20 of these activities to reach steady state. The time estimated to perform the 20th iteration is 2 hours, and the learning rate for this repetitive activity is 70%. The cost of labor is $40/hr. Estimate the direct labor cost for 20 iterations of these activities.
a. $2,767.25 b. $2,341.45 c. $3,456.65 d. $1,234.12
During the funding period, the premiums paid for a variable annuity are used to purchase
A) annuity units. B) immediate participation shares. C) mutual fund shares. D) accumulation units.