In which of the following cases is a buyer in breach of a sales contract?
A) if the buyer refuses to accept nonconforming goods
B) if the buyer accepts nonconforming goods
C) if the buyer refuses to accept conforming goods
D) if the buyer asks replacements for defective goods
C
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Which of the following causes a difference between marketing in the developed countries and marketing in the developing countries?
A) The cost of production varies substantially between the developed and the developing world. B) The disparity between the rich and the poor in the developing world is reducing. C) There are substantial cultural differences between the developed and the developing world. D) Marketing in developing countries is far more expensive than in the developed world. E) The developing countries have more trade barriers in place than the developed countries.
Which of the following statements is true of consumer promotions?
A) Their primary objective is to persuade resellers to carry a brand. B) They include a wide range of tools like samples, coupons, and refunds. C) They include the use of display allowances. D) They are primarily used to generate business leads and reward customers. E) They include the use of conventions and trade shows.
Ewing Corporation's controller has developed the cost and usage data listed below in preparation of standard unit cost information for the coming year. Direct materials quantity standard 3 pounds per product Direct labor time standard 5 hours per product Direct materials price standard $10 per pound Direct labor rate standard $ 9 per hour Standard variable overhead rate $ 5 per labor hour
Standard fixed overhead rate $10 per labor hour The total standard unit cost is a. $105. b. $150. c. $260. d. $34.
A 60-day, 10% note for $9,000, dated April 15, is received from a customer on account. The face value of the note is
A) $9,850 B) $7,200 C) $9,900 D) $9,000