Qiana gives Rick a $50 check as payment for a debt. Rick crudely raises the amount of the check to $500 and transfers it to SmartPhones & MinutesStore for a new phone. SmartPhones & Minutes deposits the check in its Trade Market Bank account. Qiana is liable for the payment of $500 to
a. no one.
b. Trade Market Bank.
c. Rick.
d. SmartPhones & Minutes.
A
You might also like to view...
Which of the following is TRUE for business marketers?
A) They deal with more and larger buyers than consumer marketers. B) They deal with more and smaller buyers than consumer marketers. C) They deal with fewer and larger buyers than consumer marketers. D) They deal with fewer and smaller buyers than consumer marketers. E) They deal with the same kind of buyers as consumer marketers.
Responsibility and accountability ______.
a. rarely occur in the same follower b. are mutually exclusive c. go hand in hand d. can occur together in leaders but not in followers
Virtual communication
A. allows a focus on tasks and less on social needs. B. lacks the richness of face-to-face communication. C. supports higher levels of trust than face-to-face communication. D. is more efficient than face-to-face communication. E. allows for integrated global team development.
Which of the following statements regarding corporate chains is most accurate?
A. Corporate chains are multiple outlets under common ownership. B. Corporate chains generally own most if not all of their suppliers, a practice known as forward integration, so they can save distribution costs. C. Corporate chains offer the least benefit to consumers since they are the farthest removed from the ultimate consumer. D. Consumers have fewer choices in merchandise since all buying decisions are made by a decentralized buying committee. E. Corporate chains cannot bargain with a manufacturer to obtain product volume discounts due to federal anticompetitive legislation.