Sharon agrees to assume a debt owed by Tom's Guitars Inc to United Funds Bank.The agreement is not in writing. To be enforceable under the "main purpose" rule, the promise must be for the benefit of
A) any party
B) Sharon.
C) ?Tom's Guitars.
D) United Funds.
B
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When deciding how to evaluate costs, a marketing manager should realize that
A. according to the iceberg principle, too much detail in cost analysis obscures the big problems by calling attention to the superficial problems. B. the best method for dealing with fixed costs depends on the objectives of the analysis. C. the contribution-margin approach ignores necessary fixed costs and should not be used. D. the full-cost approach is misleading and should not be used. E. None of these answers is correct.
All of the following are objectives of supply management EXCEPT this:
a. Ensure the required level of purchased item quality b. Purchase the required goods and services at the lowest total cost of ownership c. Search for and develop as many suppliers as possible d. Seek ways to improve the organization’s competitive position
Dimitri, a certified public accountant and an investor, and Elinor, an in-surance salesperson and a realtor, may create an agency relationship for A) a legal business purpose only
B) any legal purpose. C) any legal or illegal purpose. D) no purpose.
In general, a tenant is under a duty to make minor repairs to the leased premises
Indicate whether the statement is true or false