"Course of dealing" refers to:
a. the history of dealings between the parties in this one contract, and thus assumes that it is the kind of contract demanding an ongoing relationship
b. previous commercial transactions between the same parties.
c. any practice that members of an industry expect to be part of their dealings
d. previous commercial transactions between this seller and other buyers
b
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Which one of the following is not an accurate description of Allowance for Doubtful Accounts?
a. Contra account b. Balance sheet account c. Income statement account d. Current asset account
Giving unhappy customers a chance to cool down is important, so companies should wait at least 72 hours to respond to a complaint
Indicate whether the statement is true or false
What does a guest statute provide?
A) That a driver who has voluntarily given a ride to a passenger without compensation is not liable to the passenger for ordinary negligence B) That homeowners cannot be sued by their social guests for injuries incurred while the guests were in the homeowner's home with permission C) That tavern owners are strictly liable for alcohol related injuries caused by tavern guests who were served alcohol at the tavern D) That someone serving alcohol to guests in the home is liable if the alcohol causes the guest to become intoxicated and injure another person while intoxicated
A new-product development process helps make sure that new ideas for products are carefully studied and that good ideas are marketed profitably.
Answer the following statement true (T) or false (F)