Maile agrees to sell his retail men's shop in Cleveland, Ohio, to Lunger. Lunger wishes to have a restrictive clause against competition by Maile included in the sales contract. Which restrictive clause against the seller would be enforceable?
a. Never to engage in a similar business in Cleveland
b. Not to engage in a similar business for the next two years anywhere in the state of Ohio
c. Not to engage in any type of business anywhere in Cleveland for the next year
d. Not to engage in a men's shop business within a radius of one mile for the next year
D
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When direct labor hours for Job 17 are 50 and the predetermined factory overhead rate is $15/direct labor hour, what is the applied factory overhead amount?
a. $15; b. $255; c. $750; d. $850; e. none of these.
State two specific functions or jobs that should be segregated in the sales processing system
A customer has posted a negative comment on your company's Facebook page about her dissatisfaction with the customer service she received. What should you do?
A) Delete the comment immediately before too many people see it. B) File a lawsuit against the customer for libel. C) Reply to the customer's post within 24 hours. D) Ignore the comment.
If a profitable firm finds that it simply must "stretch" its accounts payable, then this suggests that it is undercapitalized, i.e., that it needs more working capital to support its operations.
Answer the following statement true (T) or false (F)