In the context of the marketing mix, ________ today is largely regarded in relationship to the concept of value.
A. promotion
B. price
C. policy
D. product
E. place
Answer: B
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Goods totaling $28,000 purchased February 2 on terms of 2/10, n/30 and on which returns of $1,000 were made on February 10 would be subject to which of the following discounts if paid for on February 12?
a. $540 b. $560 c. $580 d. $20
Producers commonly provide discounts off list prices to intermediaries.
Answer the following statement true (T) or false (F)
All of the following are considered to be instrumentalities of transportation and communication for purposes of inland marine insurance EXCEPT
A) trains. B) tunnels. C) transmission lines. D) television towers.
Which of the following is an exception to the suretyship provision requirement under the statute of frauds?
A) A collateral promise made to the creditor B) A promise, the leading object of which is to obtain an economic benefit for oneself C) A collateral promise where there are three parties and two contracts involved D) A promise by an executor to pay the debts of the decedent from the executor's own funds