Michelle and Margaret agree to form a partnership. The partnership contract between Michelle and Margaret does not have to be in writing in order to be enforceable in the courts

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


True

Business

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Alternative media is used almost exclusively in the United States

Indicate whether the statement is true or false

Business

Ramirez Stores purchased a trademark at the beginning of 2013 for $340,000 . Economic benefits were expected for 10 years, but the trademark's legal life was 20 years. Also, during 2013, Ramirez incurred research and development costs of $200,000 . The book value of the trademarks at December 31, 2013, is

a. $506,000 b. $306,000 c. $323,000 d. $486,000

Business

The objective-and-task method uses past sales and communication activities to determine the present communication budget.

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

Business

A retail strategy must anticipate and adapt to the changing business

Indicate whether the statement is true or false

Business