A ratified contract can be disaffirmed even after the minor reaches the age of majority

Indicate whether the statement is true or false


FALSE

Business

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Compton Corporation is a wholesale distributor of educational CD-ROMs. The company's records indicate the following: This YearLast YearUnits Sold 250,000  200,000Sales$1,250,000 $1,000,000Cost of goods sold 875,000  700,000Gross margin 375,000  300,000Selling and administrative expenses 222,000  210,000Net operating income$153,000 $90,000What is the company's contribution margin for this year? (Round your intermediate calculations to 2 decimal places.)

A. $213,000 B. $315,000 C. $(667,500) D. $375,000

Business

Assume that your firm is a market leader in manufacturing detergent. How would the firm use position defense as a defensive marketing strategy to maintain its share?

What will be an ideal response?

Business

For a low-volume job shop type of manufacturing, which of the following is the typical production scheduling approach?

A. Finite backward scheduling B. Infinite forward scheduling C. Finite forward scheduling D. Infinite backward scheduling E. Soonest due date

Business

U.S. Labor relations are set primarily by strike power, court orders, and public decision-making than by private administrations of contract terms.

Answer the following statement true (T) or false (F)

Business