An arrangement in which a supplier grants a dealer the right to sell products in exchange for some type of consideration is
A. selling products on consignment.
B. retailing.
C. wholesaling.
D. licensing.
E. franchising.
Answer: E
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A corporation purchased 1,000 shares of its own $5 par common stock at $10 and subsequently sold 500 of the shares at $20 . What is the amount of revenue realized from the sale?
a. $0 b. $5,000 c. $2,500 d. $10,000
The utilitarian school of thought is divided into which of the following subcategories?
A) act utilitarianism and rule deontology B) act deontology and rule utilitarianism C) act utilitarianism and rule utilitarianism D) act deontology and rule deontology
Sam's and Costco are examples of
A. discounters. B. warehouse showrooms. C. warehouse clubs. D. discount clubs. E. wholesalers.
A tenancy at will continues until
a. the tenant dies. b. the tenant becomes bankrupt. c. the landlord becomes bankrupt. d. either the landlord or tenant notifies the other that the lease is being terminated.