Calculate the return on sales for a business that has net income of $25,000 and sales of $60,000.
A. 0.52
B. 4.2
C. 42%
D. 4.2%
Answer: C
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The U.N. Convention on the International Sale of Goods has decided that a writing is:
A. not required for the enforcement of oral international contracts. B. always required. C. for contracts of specially-manufactured goods. D. required for contracts over $1,000.
A company that pursues ________ will react much more strongly to a competitor's cost reducing manufacturing breakthrough than to the same competitor's advertising increase
A) product differentiation B) low-cost leadership C) customer intimacy D) a middle-of-the-roaders strategy E) product leadership
Yellow Pages advertising has witnessed a decline because
A. it does not create any awareness for an advertiser's products and services. B. it fails to stimulate demand for an advertiser's products or services. C. consumers have turned to search and online directories to seek information. D. consumers consider it an unethical marketing practice. E. it lacks credibility and dependability.
How does the doctrine of stare decisis help in creating stability in a legal system?
A. by ensuring that witnesses of a case will be protected by the state B. by ensuring that the legal rights of a defendant are preserved C. by allowing the use of precedence in deciding future cases D. by allowing the use of writs