Evan made an imitation Nike running shoe that can sell for $25.00. It is impossible to tell it from the original. The technical name in tort for the remedy that Nike would have against Evan is
A) Injurious falsehood
B) Passing off
C) Inducing breach of contract
D) Conversion
E) Misleading advertising.
B
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Companies that have a ________ orientation tend to be more successful at making one-time sales than at building repeat business
A) consumer B) marketing C) selling D) societal E) relationship
A market pay line is a way to set the external competitive position by adjusting the pay policy line.
Answer the following statement true (T) or false (F)
Jan Arthur writes a $200 check to Bruce Nole who indorses it "Bruce Nole." Bruce gives the check to Anne Tate who indorses it "Without Recourse. Anne Tate." Anne sends the check to Joe Black, MD to pay her medical bill. If the bank refuses to honor the check, Black:
a. can collect only from Jan Arthur. b. can collect only from Jan Arthur or Bruce Nole. c. can collect from the drawer or any indorser whose name appears on the check. d. has no other recourse.
On June 1, Delaware Co. had one unit in beginning inventory that cost $10.00. During June, Delaware paid cash to purchase two additional inventory items. Delaware purchased the first item for cash at a cost of $10.00, and the second at a cost of $12.00. Delaware Co. sold two inventory items for $24.00 each, receiving cash. Based on this information alone, indicate whether each of the following items is true or false. ________ a) The amount of ending inventory will be $10 assuming the LIFO cost flow method was used. ________ b) Cost of goods sold would be $24 assuming the weighted-average cost flow method was used. ________ c) Cash flow from operating activities in June would be $28 assuming a FIFO cost flow method was used. ________ d) Cash flow from operating activities in June would
be $26 independent of what cost flow method was used. ________ e) The amount of gross margin would be $26 assuming the FIFO cost flow method was used. What will be an ideal response?