Which of the following is true of distributors?
A) They take title to the goods.
B) They cannot add their margins to the sales.
C) They cannot resell to the trade.
D) They allow direct representation to the exporter.
A
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Answer the following statements true (T) or false (F)
The going-concern postulate states that unless there is evidence to the contrary, it is assumed that the firm will continue indefinitely.
The Trade Related Aspects of International Property Rights (TRIPS) is administered through the ________
A) World Bank B) World Trade Organization C) International Monetary Fund D) International Labor Organization
Which of the following statements is true?
a. In order for a check to be negotiable, the drawee must be named in the instrument. b. A check is a type of draft. c. A check is a popular form of negotiable instrument. d. All of these.
A industrial cleaning products distributor needed to hire a janitorial service to keep his establishment clean so he chose one of his customers for the job. This is an example of _____.
A. nested demand B. derived demand C. reciprocity D. elastic demand E. circular buying