Channel conflict that occurs among channel members on the same level is known as:
A. primary conflict
B. organic conflict
C. internal conflict
D. horizontal conflict
E. vertical conflict
Answer: D
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Vertical analysis is also known as
A) perpendicular analysis. B) trend analysis. C) common size analysis D) straight-line analysis.
Which of the following is untrue regarding the contracts of incompetent persons?
a. An incompetent person is liable for necessaries. b. Unlike a minor, an incompetent person can never ratify a contract. c. To avoid a contract, a person need not be permanently incompetent. d. Under the cognitive ability test, a person is incompetent if he is unable to understand the nature and effect of his act.
HoldDesk, Inc. has an annual labor cost of $3,000,000. It has a turnover rate of 10 percent and a planned average increase of 5 percent. The turnover effect is
A. $15,000. B. $45,000. C. $10,000. D. $30,000.
Tonya purchased 500 shares of Home Depot, Inc common stock on December 13, 2014, at a cost of $3,600 . She paid a commission of $150 on the purchase. On February 18, 2016, she received 250 shares of Home Depot, Inc common stock as a tax-free dividend. Tonya sells 600 shares for $3,700 on January 8, 2017, and pays a $100 commission on the sale. Tonya's gain (loss) on the sale is characterized as:
a. Long-term capital gain of $600. b. Long-term capital gain of $500; short-term capital gain of $100. c. Long-term capital loss of $50. d. Short-term capital gain of $600.