Edward writes to Judy, who is in the business of purchasing goods for others, telling her to purchase certain goods and ship them to him. Before answering Edward's letter, Judy does as directed and charges the goods to Edward. Judy was not authorized to do this because an agency relationship did not yet exist between Edward and Judy

Indicate whether the statement is true or false


False

Business

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The Kruk Company regularly sells merchandise to German customers. On December 1, 2018, Kruk sold merchandise to a German customer at a price of three million Euros; the customer is required to pay for the goods on February 1, 2019. The spot rate was $0.875 per euro on December 1, 2018, it was $0.8875 per euro on December 31, 2018, and it was $0.865 per euro on February 1, 2019. Required:Prepare the journal entries that might be necessary on December 1, 2018, December 31, 2018, and on February 1, 2019. 

What will be an ideal response?

Business

Jackson is making a sales call on Oceanic Enterprises tomorrow. This afternoon, he sent a box of chocolates to the firm's purchasing manager with a note that said, "Tomorrow is your lucky day." What kind of approach was Jackson using?

A. Opinion B. Product C. Curiosity D. Customer benefit E. SPIN

Business

Only one ____ testimony impressed the judge and jury

A) witnesses B) witness's C) witnesses'

Business

Kandy Korn Co. issued convertible bonds with a conversion ratio of 50. The most likely price of the stock at the time the bonds were issued was

A) $50. B) $25. C) $20. D) $15.

Business