If no harm results from an allegedly negligent act, there is no liability
a. True
b. False
Indicate whether the statement is true or false
True
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Financial budgets include
A) pro forma financial statements, a sales budget, and a cost of goods manufactured budget. B) a budgeted income statement and budgeted balance sheet only. C) a budgeted income statement, budgeted balance sheet, and cash budget. D) pro forma financial statements, a capital expenditures budget, and a cash budget.
The formation of sales and lease contracts requires consideration
Indicate whether the statement is true or false
Bill wants to buy a new boat in 7 years. He expects the new boat will cost $28,000. Bill has $18,000 in an
investment account today. What rate of return must Bill earn on his investments to be able to buy the boat on time? What will be an ideal response?
Baseball DirtDirt is not dirt when it comes to baseball fields. About two-thirds of the pro baseball fields got their dirt from a dirt farm in New Jersey called Partac Peat. The company markets a secret mix for the infield (resilient), the warning track (extra crunchy), and the pitcher's mounds (firm). Mounds come in red, brown, orange, and gray colors. Roger Bossard, the White Sox head groundskeeper, scouted nationwide for dirt before settling on the mix provided by Partac Peat. (He uses sand under the grassy areas of the playing field.)Refer to Baseball Dirt. Because Partac Peat is a business product, the primary promotional method used for its sale is:
A. trade promotions B. slotting allowances C. personal selling D. advertising in consumer magazines E. publicity