All payables are listed as:
A) assets.
B) liabilities.
C) Stockholders' Equity.
D) revenue.
B) liabilities.
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There is often tension between objectives of increasing market share and increasing profits because:
A) some of the activities required to increase share lower profit margins and increase costs. B) market share and profits cannot be increased simultaneously. C) market penetration strategy, an effective strategy to increase share, usually results in negative earnings. D) market share is a prerequisite to increase in profits.
You can manage and protect your professional "brand" online by posting thoughtfully to blogs, writing competent e-mails?, and ________
A) ?avoiding social media sites such as Twitter and Facebook B) ?updating your resume monthly C) ?making astute comments on social media sites D) ?choosing face-to-face interactions over writing
Which of the following would not be enforceable without additional consideration?
a. A promise to pay a debt barred by the statute of limitations. b. A promise to pay a debt discharged in bankruptcy where the promise meets the requirements of the Bankruptcy Code. c. A promise which falls within the doctrine of promissory estoppel. d. The settlement of an undisputed debt.
Article 2 imposes an obligation on a merchant/seller that goods being sold are reasonably fit for the purpose for which they are being sold and that they are of fair merchantable quality
a. True b. False Indicate whether the statement is true or false