Neon orders one thousand 25-foot nylon ropes from Hang'em High Co Upon inspection of the delivery, Neon learns that Hang'em sent five hundred 25-foot ropes and five hundred 20-foot ropes. Neon may
a. demand that Hang'em send 500 additional 25-foot ropes and get to keep the 20-foot ropes as well.
b. accept the 500 conforming ropes and reject the 500 nonconforming ropes.
c. seek an installment contract.
d. immediately "cure" by finding a substitute product.
b
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The practice of reciprocity:
A) involves an illegal exchange of cash B) is monitored closely by the FCPA C) results in improved competition among sales and marketing firms D) is illegal when one company pressures another company to join an agreement E) is another name for slander
Discuss the following communication principle: "Use a courteous and sincere tone." Explain how to achieve this tone and what to avoid. Include examples to illustrate your discussion
The financial manager most directly responsible for producing the company's financial statements
and directing its cost accounting functions is the A) treasurer. B) chief financial officer. C) controller. D) vice president-financier.
The total rate of return on an investment over a given period of time is calculated by ________
A) dividing the asset's cash distributions during the period, plus change in value, by its beginning-of period investment value B) dividing the asset's cash distributions during the period, plus change in value, by its ending-of period investment value C) dividing the asset's cash distributions during the period, minus change in value, by its ending-of period investment value D) dividing the asset's cash distributions during the period, minus change in value, by its beginning-of period investment value