Acquisition costs include which of the following costs?
A. Customer dissatisfaction costs
B. Supply chain costs
C. Maintenance and repair costs
D. Quality costs
E. Environmental costs
Answer: D
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Eliza buys a car from TinCar Autos with a warranty that says any defect of the car will be repaired or replaced free for a period of six months after the sale. TinCar has taken security interests in the car
Before completely paying off for the car, Eliza sells the car to Mona for cash. Mona is unaware of TinCar's security interest in the car. After Eliza misses several of her payments, TinCar discovers that Mona has the car, and repossesses it. Which warranty breach can Mona assert to recover from Eliza? A) warranty of no security interests B) warranty against infringements C) warranty of good title D) warranty of no interference
Which of the following statements regarding net margin is incorrect?
A. Net margin may be calculated in several ways. B. Net margin refers to the average amount of each sales dollar remaining after all expenses are subtracted. C. The amount of net margin is affected by a company's choices of accounting principles. D. The smaller the net margin the better.
In the context of acquiring financial assets, a full-service broker:
A. buys and sells securities for his or her clients but offers few additional services. B. charges commissions but does not charge fees for the services provided. C. charges flat fees of a few dollars per trade for simple transactions. D. identifies good investment opportunities.
Land assigned by zoning laws for business activities is designated as being for commercial use.
Answer the following statement true (T) or false (F)