In a dispute over a sale involving a bicycle, Dain argues that as to this deal Emil's Hobby Shop, where Dain bought the bike, is a merchant. A court may determine whether Emil's is a merchant by assessing whether
A) it has sold any bikes within the last year
B) it holds itself out by occupation as having knowledge or skill unique to the bike in the transaction.
C) its owner enjoys biking.
D) it subscribes to Bike, a biweekly trade magazine.
B
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Which of the following is not one of the major elements of persuasive style that affects successful persuasion using the central route to influence?
A. violation of the receiver's expectations B. social proof C. use of threats to incite fears D. active participation versus passive responding
One way to assess the importance of retailing to the U.S. and global economies is to measure the
A. progress towards eliminating of global boundaries. B. price asked for any one item. C. cost of goods sold. D. people employed in retailing. E. net return on capital.
A retailer maintains a book (perpetual) inventory system in which all figures are kept at cost values
The beginning-of-month inventory as of December 1 is $100,000; the purchases in December equal $80,000; and December's sales (at cost) equal $63,000 . The beginning of month inventory for January 1 then equals _____. a. $70,000 b. $117,000 c. $170,000 d. $233,000
In the context of investments, explain the importance of building a diversified financial portfolio.
What will be an ideal response?