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


False

Business

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What type of company purchases raw materials and makes goods to sell?

A. Wholesaler. B. Merchandiser. C. Manufacturer. D. Retailer.

Business

Which is true of doing business in Belgium?

A) Speaking Dutch will help you in the Flanders area. B) Speaking French will help you north of Brussels. C) One selling strategy will work for the entire country. D) Dutch is spoken in the Wallonia area in the south of the country. E) Belgians prefer to communicate in business English.

Business

Which of the following statements is true about the liability of principals for the acts of their agents?

A) Principals are responsible whenever the agents commit torts or criminal acts. B) Principals are never responsible for any of the torts committed by their agents. C) A principal is responsible only for the torts committed within the scope of the agent's employment. D) A principal is liable for torts committed by the agent if the agent was in an unauthorized place at the time of commission of the tort.

Business

Refer to Figure 1. What formula should be entered in cell E4 to compute total profitability?

A) =SUMPRODUCT(B5:C5,B2:C2 ) B) =SUM(B3:C3 ) C) =B2*B5 + C2*C5 D) =SUMPRODUCT(B5:C5,E8:E10 ) E) =B3*B5 + C3*C5

Business