Among order takers, ________ visit customers and replenish inventory stocks of resellers, whereas ________ typically answer simple questions, take orders, and complete transactions with customers.
A. inside order takers; outside order takers
B. salesclerks; inbound telemarketers
C. outside order takers; inside order takers
D. inside order takers; outside sales clerks
E. inside order clerks; outside order takers
Answer: C
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Which of the following is the desire to have a positive impact on other people or groups?
A. conscientiousness B. feedback C. autonomy D. prosocial motivation
Walnut Queen Corporation and Pine King Company (forest products companies) need additional pulp-processing capacity. Each firm could borrow the needed funds and build its own manufacturing plant. Instead, they form a joint venture to build a pulp-processing plant. Each firm agrees to use half of the new plant's capacity each year for 20 years and to pay half of all operating and debt service
costs. The joint venture uses the purchase commitments of Walnut Queen Corporation and Pine King Company to obtain a loan to build the facility. The firms structure the arrangement so that neither firm controls the joint venture. Which of the following is not true? a. Accounting views the purchase commitments as executory contracts. b. Neither firm will recognize a liability for its portion of the loan. c. The loan will appear as a liability on the balance sheet of the joint venture. d. Each firm obtains financing for the services of the plant without showing a liability on its balance sheet. e. The loan will appear as a liability on the balance sheet of Walnut Queen Corporation and Pine King Company, half of the loan amount allocated to each.
A company is authorized to issue 750,000 shares of $2 par value common stock. Prepare journal entries to record the following selected transactions that occurred during the company's first year of operations: Jan. 10Sold 102,000 shares of common stock for $8 cash per share. 15Exchanged 10,000 shares of common stock for equipment with a market value of $70,000.Feb. 1Exchanged 500 shares of common stock for $3,000 of legal services incurred during the company's organization.
What will be an ideal response?
How does the rule related to a lawyer’s obligation to former clients differ from the general conflicts of interest rule?
What will be an ideal response?