An implied contract is not an actual contract
Indicate whether the statement is true or false
False
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In a purchase system, the most appropriate department to control goods upon arrival at the company is the
A) accounting department. B) receiving department. C) treasury department. D) requesting department.
As part of the marketing mix, the makers of the calendar will be running an advertising campaign directed at working mothers. Another part of the marketing mix is sending salespeople to sell:
A) calendars to retail outlets B) calendars to working mothers C) organizational skills to working mothers D) nostalgia to organizers E) organizational skills to online reviewers
Your new sales manager, who previously worked for Boston Consulting Group, directs each sales rep to "toss out the dogs," "exploit the stars," and "milk the cows." Translate this into everyday English: What is the sales manager asking the sales reps to do?
What will be an ideal response?
Everything else equal, including firm size, dollar sales, type of product sold, and so forth, the primary difference between proprietorship and partnership business forms is that _____.
A. a partnership has more owners than a proprietorship B. the combined personal liability associated with a partnership is significantly less than the combined personal liability associated with a proprietorship C. a partnership is generally easier to form than a proprietorship D. the annual growth rate of a proprietorship is limited by law, whereas the growth rate of a partnership is always potentially unlimited E. many more businesses are formed as partnerships than proprietorships