The word "merchantability" must be mentioned in a disclaimer of an implied warranty of merchantability
Indicate whether the statement is true or false
True
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________ is a major entry barrier where industry leaders convince potential competitors that any market entry effort will be countered with vigorous and unpleasant responses
A) Corporate narcissism B) Brinkmanship C) Gamesmanship D) Chaotics
What is the difference between stock options and an employee stock ownership plan (ESOP)?
A. Stock options are usually granted to company executives, whereas ESOPs are provided to all employees. B. Earnings from stock options are exempt from income taxes, whereas earnings from ESOPs are taxable. C. Under stock options, employees can sell their stocks, whereas ESOPs do not allow employees to sell their stocks. D. In stock options, stocks are placed into a trust, whereas ESOPs give employees the right to buy a certain number of shares of stock. E. Stock options carry significant risk, whereas ESOPs are risk-free.
In June 2016, Goslyn Corporation issued a three-year non-interest-bearing note with a face value of $15,000 and received cash of $11,025.00 in exchange. The difference between the face value and the cash proceeds is accounted for as
A) a premium and amortized over three years by the effective interest method. B) interest expense in the current year. C) a discount and amortized over three years by the effective interest method. D) a discount and amortized over three years by the straight-line method.
Which of the following is an example of an advertising platform?
A) posters and leaflets B) company magazines C) fairs and trade shows D) sales presentations E) continuity programs