In a partnership agreement, if the partners agreed to an interest allowance of 10% annually on each partner's investment, the interest allowance:
A) Is ignored when earnings are not sufficient to pay interest.
B) Can make up for unequal capital contributions.
C) Is an expense of the business.
D) Must be paid because the partnership contract has unlimited life.
E) Legally becomes a liability of the general partner.
B) Can make up for unequal capital contributions.
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National brands are also called
A. generic brands. B. private-label brands. C. exclusive brands. D. distributor's brands. E. manufacturer's brands.
Sales of nylon have shown a scalloped PLC pattern because of the many new uses — parachutes, hosiery, shirts, carpeting, boat sails, automobile tires — discovered over time
Indicate whether the statement is true or false
Which of the following is the placement of messages in nontraditional media, such as signs on elevator doors or in a restaurant's restrooms?
A) lobbying B) mobbing C) sponsorship D) ambient advertising E) direct marketing
Proof statements are to be presented soon after completing the sales presentation.
Answer the following statement true (T) or false (F)