A company is customerized when it is able to respond to individual customers by customizing its products, services, and messages on a one-to-one basis
Indicate whether the statement is true or false
TRUE
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Dombey and Sons produce a sparkling drink from apples grown on their own farm. They employ a small French firm to sell the drink to wholesalers in France. This French firm is acting as:
a. a franchisee b. a retailer c. an agent d. a warehouse e. a logistics firm
Which of the following statements about hold-harmless agreements is correct?
A) Hold-harmless agreements create moral hazard. B) In a hold-harmless agreement, a party assumes a second party's financial responsibility in the case of a loss. C) Hold-harmless agreements are created after a loss occurs. D) All of the above are incorrect.
?In a condemnation, a court order specifies what compensation is just for the property owner and awards title to the government.
Answer the following statement true (T) or false (F)
What is the amount of interest expense (in Canadian Dollars) recorded for 2016?
XYZ Corp. has a calendar year end. On January 1, 2016, the company borrowed $5,000,000 U.S. dollars from an American Bank. The loan is to be repaid on December 31, 2019 and requires interest at 5% to be paid every December 31. The loan and applicable interest are both to be repaid in U.S. dollars. XYZ does not hedge to minimize its foreign exchange risk.
The following exchange rates were in effect throughout the term of the loan:
The average rates in effect for 2016 and 2017 were as follows:
A) $287,325. B) $372,500. C) $287,250. D) $250,000.