One of the pros to brand extension of new product acceptance is that a strong endorsing brand will increase consumers' perceived risk.


a. True
b. False


b. False

Business

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Operating expenses that are incurred for the benefit of the business as a whole and that cannot be traced directly to any specific department are known as nonallocated expenses

a. True b. False Indicate whether the statement is true or false

Business

Callander Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $140.50 per unit.      Sales volume (units) 6,000  7,000Cost of sales$497,400 $580,300Selling and administrative costs$273,600 $294,700 The best estimate of the total variable cost per unit is: (Round your intermediate calculations to 2 decimal places.)

A. $125.00 B. $82.90 C. $128.50 D. $104.00

Business

Lacey files a suit in Michigan against Ned over the ownership of a boat docked in a Michigan harbor. Lacey and Ned are residents of Ohio. Ned could ask for a change of venue on the ground that Ohio

A. has a sufficient stake in the matter. B. has jurisdiction. C. has sufficient minimum contacts with the parties. D. is a more convenient location to hold the trial.

Business

A minor cannot avoid a contract to purchase a car if the: A) car has been destroyed

B) car has been damaged. C) car is used for non-commercial purposes. D) minor is able to return the car but does not do so.

Business