The first modern federal regulatory agency was created in 1887 to regulate:

a. taxes
b. food and drugs c. railroads
d. communications e. courts


c

Business

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BestFoods Inc, a well-known producer of breakfast cereals, has decided to hire producers in different countries so that the cereals marketed under their brand are locally produced in the respective countries

This would not only appeal more to consumers who preferred domestically produced goods, but would also create jobs in the host-country enhancing the brand's image further. This is an example of ________. A) management contracting B) franchising C) greenfield venturing D) contract manufacturing E) straight extension

Business

What specific internal control procedure would prevent the sale of goods on account to a fictitious customer?

Business

Factors that influence the pricing decision are only external in nature

Indicate whether the statement is true or false

Business

An offer may invite an acceptance to be worded in specific terms but that cannot make the contract definite

Indicate whether the statement is true or false

Business