A disadvantage of collecting primary data is that it is
A. difficult to interpret.
B. not available freely.
C. overly quantitative.
D. usually outdated.
E. typically expensive.
Answer: E
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Which of the following nonverbal signals indicates that a buyer is ready to make a commitment?
A. Arms folded tightly across chest B. A forced smile C. Face and mouth covered by hands D. Eyes open and relaxed E. All of these
The records of Andrews Company reflect the following data: Work in process, beginning of the month - 4,500 units; 1 / 3 completed at a cost of $2,400 for materials, $825 for labor, and $5,00 . for overhead. Production costs for the month - materials - $20,695; labor - $13,050; overhead - $41,500 Units completed and transferred to finished goods - 35,000 Work in process, end of month - 3,00
units; 3 / 4 completed What is the unit cost for material? a. $.66 b. $.59 c. $.56 d. $.62
If the contracted goods are unique and fail to be delivered, the buyer can ask a court under 2-716 of the UCC to order:
a. allocation of risk of loss. b. consequential damages. c. cover. d. specific performance.
Creative Solutions Corporation (CSC) agrees to sell software to Drew from CSC's Web site. To complete the deal, Drew clicks on a button that, with reference to certain terms, states, "I agree." What is this sort of agreement called? Do the parties have a binding, enforceable contract that includes the terms? Explain.
What will be an ideal response?