Which of the following statements is true about bailments?
A) Bailments are always governed by express contracts.
B) Title is transferred in a bailment, along with possession of an object for a short period of time.
C) In some cases, a bailment may exist when the recipient does not return the actual goods.
D) A bailment cannot be established without actual delivery and acceptance of the goods.
C
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It is going to cost $80,000 a day simply to house and feed a construction crew in the farthest reaches of northern Alaska. This would be an example of a situation requiring reducing the project duration due to
A. Incentive contracts. B. Imposed project deadlines. C. Unforeseen project delays. D. High overhead. E. Time to market.
Which of the following is an advantage of using digital catalogs?
A) lists the phone numbers of interested prospects B) coordinates with direct-response television ads C) points customers to the nearest kiosk D) eliminates printing and mailing costs E) creates emotional contact with customers
A cost variance is the difference between actual cost and standard cost.
Answer the following statement true (T) or false (F)
When setting long-term sales prices for products, the sales price must cover all costs, including fixed costs.
Answer the following statement true (T) or false (F)