A(n) ________ is a third party who is not in privity of contract but who has rights under the contract and can enforce the contract against the promisor.
A. third-party contractor
B. assignor
C. sub-assignor
D. intended third-party beneficiary
Answer: D
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Indicate whether the statement is true or false
As people in developing countries often prefer to buy in smaller quantities, ________ is one of the most important functions of intermediaries in developing countries and helps perpetuate the long channels of distribution, which are a major obstacle
to the expansion of retailing. A) product adaptation B) breaking bulk C) diversification D) transfer pricing E) dual adaptation
One reason why a blanket obligation for all employees to obey their employers no matter what is unreasonable is that the choice of obeying someone's command or jeopardizing one's job is fundamentally coercive, and, thus, the consent involved is not fully free.
Answer the following statement true (T) or false (F)
The following information applied to Michaels Company for 2014: Merchandise purchased for resale ..................... $400,000 Freight-in ........................................... 7,500 Interest on notes payable to vendors ................. 3,000 Purchase returns ..................................... 2,500 Michaels' inventoriable cost for 2014 was
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