A seller of a defective product cannot be held strictly liable if it can be proved that he or she took all possible care in the preparation and sale of the product
Indicate whether the statement is true or false
FALSE
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A company can take several steps to improve the quality of its marketing intelligence. Which of the following best describes the practice used by McDonald's when it sent pseudo customers to assess stores' internal speed standards?
A) training and motivating the sales force to spot and report new developments B) motivating intermediaries to pass along important intelligence C) networking externally D) purchasing information from outside research firms and vendors E) using the sales information system to get accurate sales reports
Another name for absorption costing is
a. Full costing. b. Fixed Costing. c. Job order Costing. d. Direct costing.
Corporations are allowed to deduct interest paid on an income tax deficiency as a business expense.
Answer the following statement true (T) or false (F)
A(n) __________ is a person in a position of trust and confidence who has a duty of utmost loyalty and good faith
a. fiduciary b. servant c. independent contractor d. principal