In a finance lease, the lessor manufactures and supplies the goods of the contract
Indicate whether the statement is true or false
FALSE
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A home appliance manufacturer observes the following and determines that his competitors are pricing their imported goods below-cost sale. Which point would have helped him come to this conclusion?
a. The amount of general expenses was 12 percent of the cost of manufacturing. b. The cost of packaging the merchandise for shipment was included. c. The cost of product in the U.S. is below that in the home market. d. The amount of profit was equal to 9 percent of the manufacturing cost plus general expenses.
The existence or occurrence assertion as related to cash is concerned with proper classification on the balance sheet
a. True b. False Indicate whether the statement is true or false
Consumers will be more price sensitive when
A. the cost of not getting the expected benefits of a purchase is high. B. the price they have to pay is more than they anticipated. C. a product's price is within the range that they perceive as fair or reasonable. D. some or all of the purchase price is paid by others. E. they perceive the price as a gain rather than a forgone loss.
A . Is strict liability a legal concept available for environmental lawsuits? Why or why not? b. If strict liability is a concept used in environmental cases, what are the elements that the plaintiff must prove?