Which of the following is an example of a limited-service retailer?
A) Customers at TAB pick out the products they want and pay at the checkout counter.
B) Salespeople at Eli are always on hand to offer shoppers advice and assistance in choosing products.
C) Mina's allows customers to check out their own purchases in order to reduce the staff count.
D) CLO's offers a number of merchandise-return privileges, customers need information and assistance while shopping.
E) Alison's stocks a number of specialty products and the store's salespeople generally help shoppers with all their needs.
D
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Beck Inc., a food processing company in Chicago, placed a phone order with Gary, a vineyard owner in California, for a certain quantity of perishable products. The shipping term was "CIF" with payment to be made on delivery. Gary contracted with a carrier to deliver the goods to Beck Inc. However, he neglected to ship the goods under refrigeration. The goods were loaded on a non-refrigerated boxcar and as a result the product was spoiled when it reached Chicago. Under these circumstances, ________.
A. Gary bears the risk of loss because, under a CIF shipment, the seller bears the expense and the risk of loading the goods B. Beck Inc. bears the risk of loss because, under a CIF shipment, the buyer has to bear all risks C. neither Gary nor Beck Inc. bears the risk of loss as the goods are insured D. Beck Inc. bears the risk of loss as the contract did not mention that Gary will guarantee their delivery
In the present value of an annuity table, the factors
A) increase as the interest rates increase. B) decrease as the periods increase. C) increase as the periods decrease. D) decrease as the interest rates increase.
Which of the following is NOT a component of a habit, according to Steven Covey?
A. knowledge B. rewards C. skill D. desire
The agreement that spells out the details on a bond issue is known as an ____________________.
Fill in the blank(s) with the appropriate word(s).