Direct sellers bypass channel intermediaries and sell directly from manufacturers to consumers.

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


True

Business

You might also like to view...

______ and change characterize our lives.

a. Choice b. Chance c. Clarity d. Commodity

Business

In Western reviewed their estimated warranty costs which at that time was 5% of sales. This estimated was based upon the warranty accrual method. In 2016 net sales were $3,250,000 they recorded warranty expense of $162,500. Due to some pending changes in product improvement and certain economic factors the company saw a drastic drop in their warranty claims for 2017. The company decided for 2017 to reduce the estimate to 3% of sales. In 2017 Western reported net sales of $3,500,000. ? ? Required: 1) How should the company report the change and why? ? 2) Prepare any necessary journal entries for 2016 or 2017 to account for the change.

What will be an ideal response?

Business

Once an agent is given __________ authority, he or she also has __________ authority to do whatever is reasonable to complete the task he or she has been instructed to undertake

a. express, implied b. express, absolute c. express, limited d. apparent, contractual

Business

Malice is a required element in all defamation cases

Indicate whether the statement is true or false

Business