The fee a stockbroker charges for assisting in the purchase or sale of shares of stock; calculated as a percentage of the cost of the stock transaction is known as a commission.?
Indicate whether the statement is true or false
True
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Juan Garcia plans the daily promotional releases about his company's products and services. He can be described as a(n) ________ planner
A) strategic B) selective C) tactical D) niche E) operational
________ is a business practice in which a buyer shapes a supplier's products and operations to satisfy its needs.
A. Reverse marketing B. Bottom-up marketing C. Functionalization D. Crowdsourcing E. Reciprocity
If a firm does not meet its forecasted sales level, then leverage will result in a magnified loss in income compared to what is expected because:?
A. ?retained earnings will increase rapidly. B. ?inventories will be built very slowly. C. ?production facilities will be expanded greatly. D. ?additional external funds needed will be reduced. E. ?sales operations will be reduced drastically.
UCC Section 2-204 provides three important rules that enable parties to make a contract quickly and informally. Which of the following is NOT one of these rules?
A) The parties may make a contract in any manner sufficient to show that they reached an agreement. B) A writing sufficient under the statute of frauds may be a simple memo, a letter, or informal note, but need not itself be a contract. C) The UCC will enforce a deal even though it is difficult to say exactly when it was formed. D) A court may enforce a bargain even though one or more terms were left open.