Transportation charges paid to ship purchases are credited to Freight-In

Indicate whether the statement is true or false


F

Business

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Nordstrom, the fashion retailer, is installing software in its 137 stores that will help the company gather customer preferences and product information. The software will assist the store's salespeople to understand each customer as a person with unique wants and needs. Nordstrom is helping its salespeople create ________ with the store's customers.

A. transactional relationships B. strategic customer relationships C. exchange-oriented dependencies D. joint decision-making alliances E. symbiotic relationships

Business

Mary, Harold, Harvey, and William form an LLC (limited liability company) by contributing $20,000, $50,000, $55,000, and $150,000, respectively. The LLC is designated to be member-managed

When a decision is put to vote, Mary, Harvey, and Harold vote "yes," whereas William votes "no." Which of the following is true in this context? A) William's decision prevails as he has invested the maximum capital. B) No conclusion can be derived as the vote is not unanimous. C) Mary, Harvey, and Harold's decision prevails due to simple majority. D) The decision is put to vote among the employees of the company.

Business

Answer the following statements true (T) or false (F)

1. The model of shareholder value maximization and financialization has resulted in increased capital investment or a "retain and reinvest" strategy. 2. From a legal perspective, corporations are not required to serve the public interest because they are purely private rather than social institutions. 3. A stakeholder model of corporate governance is consistent with the current adversarial model of U.S. employee relations. 4. More information would be shared with employees and their representatives under a shareholder model than under a stakeholder model of company action. 5. Stakeholder theory asserts that while there are other stakeholders in business, the most important is still the shareholder and their needs should take precedence of the needs of other stakeholders.

Business

A statement signed by the required number of witnesses who observe the execution of a valid will is called a(n):

A) validity clause. B) ambulatory clause. C) attestation clause. D) fiduciary clause.

Business