Most employers use payroll checks drawn on a special bank account for paying the payroll

a. True
b. False

Indicate whether the statement is true or false


True

Business

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Armed with a stack of market research, Jalen, a marketing department manager, is in the research and development manager's office attempting to convince him to eliminate two features his engineers plan to add to a product, and replace them with two others based on customer preference. Jalen is operating in the ______ role.   

A. entrepreneur B. resource allocator C. disturbance handler D. negotiator E. liaison

Business

How is gross margin percent calculated?

A. Gross margin divided by net sales B. Add operating and interest expenses together and divide by gross sales C. Divide net profit by net sales D. Cost of goods sold divided by gross sales E. Net sales multiplied by gross margin

Business

The ________ states that the intent to contract is judged by the reasonable person standard and not by the subjective intent of the parties.

A. objective theory of contracts B. common law of contracts C. Restatement of the Law of Contracts D. Restatement (Second) of Contracts

Business

If the existing product is being sold to teenagers in one country and new entry involves selling the existing product to teenagers in a new country then this represents a new product use.

Answer the following statement true (T) or false (F)

Business