An exclusive dealing contract is one type of contract which is illusory, because it lacks consideration
a. True
b. False
Indicate whether the statement is true or false
False
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Persuasive advertising is used more in the business-to-business sector than in consumer marketing
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. A short-term capacity planning decision is to relocate the plant. 2. A firm might reduce the quality of its output if available capacity is insufficient in the medium term. 3. Capacity decisions are considered strategic as they are heavily regulated by the government. 4. A measure of an organization’s capacity is the size of its market share.
Which of the following would not be classified as an operating activity?
a. Interest income b. Income tax expense c. Dividend income d. Payment of dividends
A chief executive officer is telling a board of directors how much revenue was raised by renting out excess building space. This action is an example of ______.
A. being underwater B. managing fixed assets C. liquid asset management D. assessing long-term solvency