Functional products are characterized by low profit margins, relatively stable demands, and high levels of competition
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following consumers creates the most ideal form of buzz marketing for Guess jeans?
A) Vanessa truly likes Guess jeans and tells others about how nice they are. B) Trinity likes Guess jeans, which allowed Guess' marketers to sponsor her to tell others about the brand. C) Guess has created a blog about Guess jeans and invites consumers to participate and offer their opinions, good and bad. D) Guess has one of its employees pose as a customer on her personal blog telling others about how great the jeans are.
Receivables can be used to generate cash through two general categories of transactions: 1 . A secured borrowing 2 . A sale of the receivables. Both of these types of transactions require a transfer of the receivables to a new holder, typically a
financial institution. Required: Distinguish between a secured borrowing and a sale of receivables as regards the rights of the transferor and transferee as well as regards the accounting for each type of transaction.
A quitclaim deed does not pass title
Indicate whether the statement is true or false
A third person who deals with a person claiming to be an agent has the right to rely on the statements made by the agent concerning the extent of the agent's authority
Indicate whether the statement is true or false