When Alice buys organic produce for her household using a channel with just one intermediary, that intermediary is classified as a
A. retailer.
B. wholesaler.
C. broker.
D. functional middleman.
E. producer.
Answer: A
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Jamal gives rewards depending on the actions of his followers. Jamal is demonstrating which of the following types of leadership in the full-range model of leadership?
A. Laissez-faire B. Contingent reward C. Management-by-exception, passive D. Management-by-exception, active
A debit memorandum appeared on Mallory's bank statement for the month of May. How will Mallory treat this amount on the May bank reconciliation?
A) Add it to the company's balance. B) Add it to the bank balance. C) Deduct it from the company's balance. D) Deduct it from the bank balance.
A court might consider a product to be unreasonably dangerous if:
a. a less dangerous alternative was commercially feasible but was not produced. b. the product was less dangerous than was expected by the ordinary consumer. c. the product was frequently misused by consumers, despite adequate warnings about the dangers of misusing the product. d. the product was adequately labeled with warnings for the ordinary consumer.
If you are a small business owner looking for a loan, a bank will expect you to ________.
A. find equity investors to spread the bank's risk B. incorporate in order to maximize cash flow C. personally guarantee that you will be responsible for the business loan D. incorporate in order to avoid taxation