A rack jobber is an example of a(n)
A. producer.
B. service merchant wholesaler.
C. limited-function merchant wholesaler.
D. agent wholesaler.
E. personal shopper.
Answer: C
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Jason is looking for a method of training his employees that will provide hands-on experience and allow for the instructor to customize the training to each employee’s needs. Jason’s best choice of training method would be ________ training.
A. on-the-job B. classroom C. distance D. simulation E. alternative
Cal sprayed pesticide on his crops in a very careful manner on a windless day. Nevertheless, some of the pesticide spray fell on his neighbor's side of the fence and contaminated the cracked corn for the chickens. The chickens died and the neighbor sues. What is the likely result?
a. Cal is not liable because he was not negligent in his spraying operation. b. Cal is not liable because the neighbor assumed the risk of damage to the feed by placing it so close to the fence. c. Cal is liable because spraying pesticides is an abnormally dangerous activity. d. Cal is not liable for the damage because of contributory negligence.
Karen and Laura are officers of Marketing Wizards Inc As corporate officers, the rights of Karen and Laura are A) determined by their employment contracts
B) specified in state corporation statutes. C) the same as those of the directors. D) the same as those of the shareholders.
What could happen to "unused" dollars after a firm has chosen capital projects but still has remaining unallocated funds?
A) The remaining funds may be invested at the "going rate" of the company. B) The remaining funds, if internally generated, may be paid back to shareholders as a dividend. C) If the remaining funds are part of borrowing, then the firm may choose to borrow less money. D) All of the choices above are potential uses of unallocated funds.