Preprinted forms whose terms the consumer cannot negotiate, and must sign in order to obtain a product or service are referred to as ________
A) contracts of adhesion
B) quasi-contracts
C) contracts in restraint of trade
D) voidable contracts
A
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The Wi-series mobile phone with touch display has an ambient light sensor that automatically adjusts brightness to suit the ambient light in your surroundings. This is a battery-saving efficiency of the Wi-series touch phone. Which of the following does this describe?
A. Product advantage B. Market need C. Product benefit D. Product feature E. Segmentation variable
Which of the following statements best describes the use of financial statement analysis?
a. Financial statement analysis techniques are merely guides to interpretation of financial data. b. Financial statement analysis can eliminate the risk in investment decisions. c. Measurements for a specific company should be compared only with data from past periods. d. All of these are correct.
Madison Corporation sells three products (M, N, and O) in the following sales mix: 3:1:2. Unit price and cost data are: M N OUnit sales price$7 $4 $6Unit variable costs 3 2 3Total fixed costs are $340,000. The contribution margin per composite unit for the current sales mix (round to the nearest cent) is:
A. $17.00. B. $ 5.67. C. $25.00. D. $37.00. E. $20.00.
When a manufacturer buys a chain of retail stores that carry its products, it is an example of backward integration.
Answer the following statement true (T) or false (F)