When would a business selling merchandise over the Internet be required to defend a lawsuit in a state in which it had no offices?
Something more than Internet contact is needed to subject a cyberspace company to the jurisdiction of courts in the states where it has customers: the presence of inventory, property ownership, or the presence of salespeople would be sufficient.
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A trade allowance is a financial incentive offer made to other channel members to motivate them to make a purchase
Indicate whether the statement is true or false
The research of Dr. Ralph G. Nichols has little application to the customer service industry.
Answer the following statement true (T) or false (F)
Which of the following strategies is used to deal with uncertainty related to estimating future costs?
a. Statistical analysis b. Cost restructuring c. Hedging d. Insurance
The local zoo buys hay from a supplier with an invoice amount of $17,220. The terms of the sale are 5/22, n/30. What is the net amount due on the order if the bill is paid by the 22nd day?
A. $17,220 B. $16,359 C. $861 D. $4,760