Under a contract of adhesion:

A) subrogation is not allowed
B) ambiguous features are interpreted against the writer of the contract
C) ambiguous features are interpreted always against the insurer
D) ambiguous features are decided based upon the intent of the parties when the contract was entered


B

Business

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Activity-based costing is appropriate for a company that manufactures a wide variety of products

Indicate whether the statement is true or false

Business

The fact that services cannot be stored for future use leads to services being described as ______.

a. time-perishable b. readily depreciated c. consumable d. temporary

Business

A company received a special one-time order to buy 6,000 of its portable radios for $20. The radios generally sell for $25. Each radio's total manufacturing cost is $21.50, which includes $2.50 of allocated fixed overhead. Should the company accept the special order?

What will be an ideal response?

Business

Which of the following would NOT require an operational decision for a leading hair color manufacturer?

A. Drop colors that are losing appeal. B. Solicit orders from any new, financially attractive, salons. C. Create a fresh ad for each Sunday newspaper. D. Promote the fair price and satisfactory quality of the product. E. Set a competitive price if a primary competitor offers a special discount.

Business