A business firm may have to comply with the laws of any jurisdiction in which it actively targets customers

a. True
b. False
Indicate whether the statement is true or false


True

Business

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In a tenancy at will, the landlord and tenant have agreed on a specific duration of the lease and have fixed the date on which the tenancy will terminate.

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

Business

Servicescape refers to the ______.

A. physical surroundings in which a service is assembled and delivered B. physical surroundings in which the seller and government interact C. virtual space in which IT services are provided D. regulatory environment in which the firm functions

Business

The bearing of external cost of pollution largely by those who do not enjoy a net benefit from the activity that produces the pollution ______________ _____________

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following statements is true regarding the budgeted cost for direct materials?

A) It would be used on a static budget but not a flexible budget. B) It would consist of two components - a standard quantity and a standard price. C) It must be determined after materials are purchased for the year. D) It can not be determined if a company uses a just-in-time inventory system.

Business