All of the following may be raised as reasons for nonperformance of sales contract except:
A) Impossibility
B) Frustration of Purpose.
C) Commercial Impracticability.
D) Subjective Constraints.
D
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The estimate of market potential is best described as:
A) the number of current customers times the awareness ratio. B) the number of current customers times the potential buying rate. C) the number of potential customers times the potential buying rate. D) the number of potential customers multiplied by the current buying rate.
Which of the following accounting principles requires that warranty expense must be estimated and recognized in the same period when the related sales revenue is recognized?
A) the matching principle B) the disclosure principle C) the revenue principle D) the consistency principle
The concept stating that the type and number of stores within any planned center should complement each other as to the quality and variety of their product offerings is _____
a. balanced tenancy b. occupancy certainty c. retail balance d. the one-hundred percent location
SMAART stands for
a. Specific, Manageable, Active, Agreed Upon, Reasonable, and Time-Oriented b. Specific, Maintenance-free, Active, Agreed Upon, Realistic, and Time-Oriented c. Specific, Measurable, Attainable, Agreed Upon, Realistic, and Time-Oriented d. Specific, Measurable, Active, Agreed Upon, Reasonable, and Time-Limited