Under the MACRS principles, the tax life of an asset is usually shorter than the asset's economic life
Indicate whether the statement is true or false
True
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A manager who asks for a report comparing three different brands of phone systems for an office will request a justification report to support the recommended decision
Indicate whether the statement is true or false
When St Jude's advertises "Finding Cures. Saving Children" it is marketing
A. an idea. B. an action. C. a concept. D. a good. E. a service.
Regarding wholesaling, which of the following is true?
A. Merchant wholesalers have higher sales than agent wholesalers, but their costs (as a percent of sales) are over three times as high. B. Good marketing managers select the type of wholesaler with the lowest cost when planning channels of distribution. C. Manufacturers' sales branches have higher costs than agent wholesalers and account for a smaller percentage of total sales. D. There are many more manufacturers' sales branches than merchant wholesalers. E. All these answers are correct.
Nelson, a minor, misrepresents his age when agreeing to a contract to buy a restored, antique soda vending machine from Old Is New Again, Inc Ordinarily, Nelson can disaffirm the contract A) only if he can prove that the seller did not know his true age
B) only if he can prove that the seller knew his true age. C) under any circumstances. D) under no circumstances.