The supplier charges a lower price for items being purchased but in turn receives a percentage of the buyer’s profits in a ________ contract.

A. buyback
B. quantity-flexibility
C. revenue-sharing
D. fixed-price


C. revenue-sharing

Business

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A judge is asked to rule on a reverse-discrimination case involving an affirmative action plan at a local business. Under which of the following conditions is the judge most likely to rule against the affirmative action plan?

a. The plan works against the profitability of the company. b. The plan benefits one protected group more than another protected group. c. There was a strong remedial need for the plan. d. The plan harms the majority group among potential applicants.

Business

The seller is responsible for paying shipping charges and bears the risk of damage or loss in transit if goods are shipped FOB shipping point.

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

Business

Case D-1Jack has a busy weekend planned of both social and professional activities.  Please answer the questions below regarding making proper introductions. The party is to celebrate Sam's graduation from college. Martin and Sam do not know each other, and Jack plans to introduce them. The proper etiquette would be to ____.

A. introduce Martin to Sam B. introduce Sam to Martin C. Let everyone introduce themselves D. any of the above

Business

After accepting a draft, the drawee is known as the ____________________

Fill in the blank(s) with correct word

Business