A distribution channel includes distributors, wholesalers, retailers, and agents that display, sell, or deliver the physical product or service(s) to the buyer or user

Indicate whether the statement is true or false


TRUE

Business

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Describe the procedures used to reconcile a company's cash balance.

What will be an ideal response?

Business

If a contract is executed, the parties can agree to rescind the contract

Indicate whether the statement is true or false

Business

Bulldog Holdings is a U.S.-based consumer electronics company. It owns smaller firms in Japan and Taiwan where most of its cell phone technology is developed and manufactured before being released worldwide. Which of the following alternatives to integration does this best illustrate?

A. franchising B. venture capitalism C. parent-subsidiary relationship D. joint venture

Business

Under admiralty jurisdiction, what criterion is used to determine whether a waterway is "navigable"?

A) The body of water must be wide and broad enough for today's shipping vessels. B) The body of water must have a port or dock. C) The body of water must currently be in use for commercial activity. D) The body of water is used or capable of being used for commercial activity.

Business