Zero Zone Inc. manufactures and sells display refrigeration and freezer units to supermarkets. The manufacturer is successful because it is able to keep the promises it makes. All customers know that Zero Zone's salespeople and its products live up to all the promises made. Which factor necessary for mutual trust to develop does this illustrate?
A. Profitability
B. Dependability
C. Spontaneity
D. Likability
E. Sales orientation
Answer: B
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On June 1, Kareem sends Fatima an e-mail offering to build her a new garage for $20,000. In his e-mail, Kareem wrote, "acceptance by certified mail is advisable." On June 2 at 8 a.m., Kareem sends Fatima a certified letter attempting to revoke the offer. At 2 p.m. the same day, Fatima mails Kareem a letter via certified mail attempting to accept his offer. Under these circumstances, ________.
A. the parties do not have a contract until Kareem receives Fatima's acceptance B. Fatima's acceptance is effective upon dispatch C. Kareem's revocation is effective and the parties do not have a contract D. the parties do not have a contract as the trade usage is telegrams and not certified mail
Companies have responded to consumers' back-to-basics sensibility in their lifestyle and spending patterns through ________
A) frugal marketing B) value marketing C) quality marketing D) diverse marketing E) prestige-oriented marketing
A corporation issued 2,500 shares of its no par common stock at a cash price of $11 per share. The entry to record this transaction would be:
A. Debit Cash $27,500; credit Common Stock $27,500. B. Debit Treasury Stock $27,500; credit Cash $27,500. C. Debit Cash $27,500; credit Paid-in Capital in Excess of Par Value, Common Stock $2,500; credit Common Stock $25,000. D. Debit Common Stock $27,500; credit Cash $27,500. E. Debit Treasury Stock $2,500; debit Paid-in Capital in Excess of Par Value, Treasury Stock $25,000; credit Common Stock $27,500.
Charles gave Halston authority to sell several household items for her for $175 in a garage sale. Halston sold the items for $200 and kept the additional $25 for herself. May Charles recover the $25?