Payment of a C.O.D. shipment constitutes an acceptance of the goods
a. True
b. False
Indicate whether the statement is true or false
False
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Answer the following statements true (T) or false (F)
1.If Argentina has a comparative advantage over Brazil in beef relative to coffee, Argentina will specialize in beef production. 2.Modern trade theory recognizes that the pattern of world trade is governed by both demand conditions and supply conditions. 3.In autarky equilibrium, a nation realizes the lowest possible level of satisfaction given the constraint of its production possibilities frontier. 4.A nation benefits from international trade if it can achieve a higher indifference curve than it can in autarky. 5.A nation realizes maximum gains from trade at the point where the international terms-of-trade line is tangent to its community indifference curve.
After estimating the demand and costs associated with alternative prices, a company has chosen to price its product in such a way that it gains the highest rate of return on its investment. The company is looking to ________
A) maximize its market share B) skim the market C) become a product-quality leader D) survive in the market E) maximize its current profit
Which of the following represents shares of stock that will be issued upon completion of an installment purchase contract?
A) subscribed capital stock B) outstanding capital stock C) treasury stock D) contracted capital stock
All of the following statements are true about the integrated test facility (ITF) except
a. production reports are affected by ITF transactions b. ITF databases contain "dummy" records integrated with legitimate records c. ITF permits ongoing application auditing d. ITF does not disrupt operations or require the intervention of computer services personnel