In a ________ channel organization, two or more companies at one level join together to form an alliance
A) franchise
B) horizontal
C) VMS
D) multichannel
E) conventional
B
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Mikayla, an agent for Nahir, enters into a contract on Nahir's behalf with Onora that must be in writing to be enforceable under the Statute of Frauds. Mikayla'sauthority to enter into this contract is not in writing. Under the equal dignity rule, this contract is
a. enforceable. b. void. c. voidable at Nahir's option. d. voidable at Onora's option.
Price fixing is not illegal unless it hurts a competitor.
Answer the following statement true (T) or false (F)
A reverse split is the consolidation of a company's stock into a lesser number of outstanding shares
Indicate whether the statement is true or false.
In addition to having a direct effect on increasing adverse selection problems, increases in interest rates also promote financial crises by ________ firms' and households' interest payments, thereby ________ their cash flow
A) increasing; increasing B) increasing; decreasing C) decreasing; increasing D) decreasing; decreasing