A sales contract evidenced by writing cannot be contradicted by a prior oral or written agreement
Indicate whether the statement is true or false
TRUE
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Which of the following marketing channels has the most potential for expanding customer reach at the lowest cost?
A) telemarketing B) personal selling C) trade shows D) catalog marketing E) digital marketing
A petty cash fund was established with a $200 balance. It currently has cash of $35 and petty cash tickets as follows: Office expense $130 and Entertainment Expense $45. Which of the following would be included in the journal entry to replenish the Petty Cash fund?
A) debit to Cash Short & Over for $25 B) credit to Cash Short & Over for $10 C) credit to Cash Short & Over for $25 D) debit to Cash Short & Over for $10
Marie and Marti are partners who solely own M and M Florist. As owners, they can
A. claim only limited liability. B. avoid taking any legal responsibility for M and M. C. sell stock in their company. D. claim an organization as their legal property. E. decide not to pay a dividend to their stockholders.
Which of the following steps should a family-owned business take to compensate family members?
A. Every relative who wishes to work for the business should be hired. B. Relatives should be offered positions according to their status in the family. C. A managerial title should be offered to motivate a productive family member. D. Family members should be financially rewarded on the basis of their position in the family.