Drawing together the processes and functions of two or more stages of the channel under one management is horizontal integration.
Answer the following statement true (T) or false (F)
False
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The ______________________________ is a compilation of open purchase orders that includes the status of each item on order
Fill in the blank(s) with correct word
Costs that differ directly with the level of production are known as ________
A) fixed costs B) overhead costs C) opportunity costs D) target costs E) variable costs
Permissible lender's expenses, which would not be considered in determining the rate of interest under usury statutes, include all but which of the following?
a. Cost of title examination. b. Reasonable cost of drawing up the necessary documents. c. A charge to the borrower of $500 to investigate the borrower's credit, when it actually cost the lender $75. d. All of these charges would be considered in determining the rate of interest under usury statutes.
Which of the following is correct with respect to consequential damages under the Code?
a. Consequential damages include damages for destruction of a warehouse caused by the explosion of nonconforming goods. b. Consequential damages include damages for lost profits from a contract to resell goods which the seller never delivers. c. Particular needs of the buyer need to be made known to the seller before the seller can be held responsible for consequential damages relating to those needs. d. All of these are correct.