In a Federal Trade Commission (FTC) case, if at the end of an administrative hearing the judge feels a violation of the law has taken place, the judge will issue a:
A) cease and desist order
B) consent agreement
C) corrective advertising directive
D) trade regulation ruling
A
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Barter Company borrows $20,000 for one year a 9% interest, but must maintain a $1,600 compensating balance. The effective rate of interest on this loan is
a. 9.0%. b. 17.0%. c. 9.8%. d. 8.0%.
Comprehensive income equals net income as reported on the income statement plus (minus) the increase (decrease) in other comprehensive income for the year
Indicate whether the statement is true or false
Which of the following statements is true of culture and international markets?
A. Assuming cultural homogeneity across nations almost guarantees success in international markets. B. Planning strategies that consider cultural differences in international markets are simple and straightforward. C. Treating each foreign market as a separate market with its own submarkets and culture is a useful method in marketing. D. Ignoring cultural differences is almost a guarantee of success in international markets. E. General human tendencies do not vary across cultures; therefore it is insignificant to consider cultural differences in international markets.
If a seller wishes to reclaim goods sold to a buyer after the buyer has received the goods, the seller must prove
a. that the buyer received the goods on credit. b. that the buyer was insolvent when the goods were received. c. that he or she (the seller) demanded the return of the goods within ten days after the buyer received the goods. d. all of these.