Intent may be transferred
a. True
b. False
Indicate whether the statement is true or false
True
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When a notes receivable is discounted, the business that endorses the note becomes potentially liable to the bank. This liability is called a
a. potential liability. b. dependent liability. c. conditional liability. d. contingent liability.
Which marketing channel is associated with the highest value added per sale?
A) retail stores B) sales force C) distributors D) Internet E) telemarketing
Pro forma financial statements may be valuable for which of the following reasons?
A) To help us estimate how profitable a firm is expected to be B) To help determine if and how much debt financing is required C) To help banks determine if firms are likely to meet lending standards D) All of the above
Multichannel distribution is characterized as
A. illegal under the Robinson-Patman Act. B. distribution channels that typically carry exclusive products, such as Rolex watches. C. marketing environments that are highly competitive. D. manufacturers that forbid an intermediary to carry products of competing producers. E. the use of a variety of marketing channels to ensure maximum distribution.