In 2018, the number of online buyers in the United States was over 190 million.
Answer the following statement true (T) or false (F)
True
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Which of the following is true of an indirect channel system?
A) The business retains ownership of the products until delivered to customers. B) The cost of indirect customer sales contact is high and increasing. C) An indirect marketing channel system includes telemarketing and digital marketing. D) An indirect marketing channel system is particularly important for specialized and technological products. E) An indirect marketing channel system involves an intermediary that takes over ownership and sales.
Which of the following is true concerning goodwill?
A. Goodwill is recorded when a company is purchased for more than the fair value of its identifiable net assets. B. Goodwill is recorded when the market value of a company exceeds the fair value of its identifiable net assets. C. Goodwill is recorded as a revenue in the income statement. D. Goodwill can never be recorded.
The life expectancy of a particular brand of tire is normally distributed with a mean of 40,000 and a standard deviation of 5,000 miles. What is the probability that a randomly selected tire will have a life of exactly 42,500 miles?
A. 0.0000 B. 1.0000 C. 0.5000 D. 0.9500
The bulk sales portion (Article 6) of the Code applies only to transfers in the ordinary course of business
a. True b. False Indicate whether the statement is true or false