Manufacturers' agents do not take title to the products they sell and are paid a commission on sales.

Answer the following statement true (T) or false (F)


True

Manufacturers' agents earn a commission on what is actually sold and they do not take title to the products they sell.

Business

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A. Partner B. Business strategy C. Stakeholder D. Supplier

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The Incoterm acronym CFR (named destination port), refers to

Fill in the blank(s) with the appropriate word(s).

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The following information describes a product expected to be produced and sold by Garr Company:Selling price………………………………………$80 per unitVariable costs……………………………………$32 per unitTotal fixed costs…………………………………$630,000Required:(a) Calculate the contribution margin ratio.(b) Calculate the break-even point in dollar sales.(c) What dollar amount of sales would be necessary to achieve a pretax income of $120,000?

What will be an ideal response?

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A federal statute prohibits federally licensed firearms dealers from selling handguns to persons under age of 21

An organization advocating for gun ownership and individual gun owners brings an action against the Bureau of Alcohol, Firearms, Tobacco, and Explosives arguing that the statute violates the Second and Fifth Amendments. Discuss which equal protection review standard the court would apply.

Business