Crystal tried to use her Macy's credit card at Target but was unsuccessful because her Macy's credit card is a single-purpose card and can only be used at Macy's
Indicate whether this statement is true or false.
Answer: TRUE
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Negotiators feel the accountability pressures in the same way whether negotiating as part of a team or negotiating as an individual.
Answer the following statement true (T) or false (F)
At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $330,000 and Total Liabilities of $25,500 and Total Paid-in capital of $102,000. During the year, the company reported total revenues of $391,000 and expenses of $302,500. Also, dividends during the year totaled $78,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be:
A. $210,000. B. $213,000. C. $207,000. D. $334,500. E. $288,000.
Netflix sells its movie services using its website while Redbox sells its movie services using vending machines. Each requires the products to be distributed through different channels. Netflix is using ____, while Redbox is using ___ to get the movies to its vending machines.
A. multichannel distribution; digital distribution B. digital distribution; just-in-time distribution C. intensive distribution; selective distribution D. multichannel distribution; physical distribution E. digital distribution; physical distribution
Marco Manufacturing contracted to sell Kurtz Industries 3,000 iron clasps. The contract specified: F.O.B. Kurtz Industries. Upon arrival and inspection, the goods were rejected by Kurtz Industries because they did not conform to the contract specifications. In transit back to Marco Manufacturing, the common carrier's truck overturned and completely destroyed the clasps. Which statement is correct?
A. Marco may sue Kurtz for the contract price, as risk of loss transferred to Kurtz at the F.O.B. point. B. Kurtz will not be liable for the purchase price. The risk of loss had not yet transferred since the goods were nonconforming. C. The loss will be split between the parties on a 50/50 basis. D. The loss will be assigned to the party who can best bear the loss.