What are the implications for the buyer if, before accepting delivery of the goods, she fails to inspect them for defects?
Failure to inspect operates as a waiver. (Buyer loses the right to revoke or reject goods that are nonconforming.)
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Payroll processing can be automated easily because accounting for payroll is very simple
Indicate whether the statement is true or false
Canada carved out a NAFTA exception for
A. tariffs on lumber from the U.S. Northwest. B. imports of agricultural goods from Mexico. C. tariffs on fish from all of the Great Lakes. D. milk and cream tariffs from the U.S.
Which of the following is aimed at encouraging consumers to share a company's marketing message with friends?
A) advertising B) sales promotions C) sponsorships D) personal selling E) viral marketing
Broke Inc is experiencing a cash flow problem finding that its cash decreases, even though net income increases. Which of the following is/are a possible reason(s)?
a. Lag between cash expenditures incurred in producing goods and cash collections from customers once the firm sells those goods. b. The firm must generally produce more units than it sells during a period of growth if it is to have sufficient quantities of inventory on hand for future sales. c. Cash needed for a higher level of production exceeds the cash received from the prior period's sale. d. all of the above e. none of the above