A seller with voidable title can transfer good title to a good faith purchaser for value

Indicate whether the statement is true or false


True

Business

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The form stage of team development includes which of the following?

A) de?nition of the task B) identi?cation of strengths and weaknesses C) establishment of meeting times D) all of the above

Business

Comparatively few customers complain when dissatisfied

Indicate whether the statement is true or false

Business

Franklin Street Manufacturing Franklin Street Manufacturing has the following cost information available for 2011: Direct materials used $10,000 Direct labor costs 25,000 Factory overhead 20,000 Marketing expenses 4,000 Administrative expenses 6,000 20,000 units were produced during the year out of which 19,000 units were sold for $10 each. Refer to the Franklin Street Manufacturing information

above. What is net operating income for 2011? (Ignore taxes) A) $127,750 B) $137,750 C) $125,000 D) $128,250

Business

Inicell Inc., an American camera manufacturing company, wanted to import a few camera parts from Ruelia, an Asian company. However, the American government passed a taxation law that stated that a tax of 4% would be levied on all electronic imports. In this scenario, the American government imposed a(n) _____.

A. embargo B. quota C. tariff D. voluntary export restraint

Business