Which of the following promises ordinarily must be fully executed in writing to be enforceable?

A)any sale of goods to a minor
B)an agreement between two parties to sell a piece of jewelry for $350
C)a six-month lease on an apartment beginning in 30 days
D)a promise made by an executor of an estate to pay a debt of the estate


D

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Which of the following results in a predetermined overhead rate?

a. Estimated overhead divided by estimated units produced b. Estimated overhead divided by actual direct labor hours c. Actual units produced divided by estimated overhead d. Estimated direct labor dollars divided by estimated overhead

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________ can adopt one of two competitive strategies: they can challenge the leader or they can play along with competitors and not rock the boat

A) Runner-up firms B) Market nichers C) Global investors D) Localized marketers E) Market developers

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Purchase allowances refer to a price reduction (allowance) granted to a buyer of defective or unacceptable merchandise.

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

Business

According to Clark (2003), in the period, _______, the conception of innovation became integrated within the technology, organizational processes, and national, cultural, and social systems.

a. World War II to 1980s b. 1980s to 1990s c. 1990s to now d. None of the above, it’s always been like this

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