A missionary salesperson is usually employed by
A. a retailer.
B. a wholesaler.
C. either a retailer or a producer.
D. a manufacturer.
E. an independent intermediary.
Answer: D
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How is income tax expense for the third quarter interim period computed?
a. The annual rate multiplied by the third quarter pretax earnings. b. The estimated tax for the first three quarters based on an annual rate, less a similar estimate for the first two quarters. c. The rate applicable during the third quarter multiplied by four times the third quarter pretax earnings. d. One-half of the difference between total estimated annual income tax expense and the income tax for the first two quarters.
Which of the following is true of a minor's right to disaffirm a contract?
A) A minor must reach the age of majority to disaffirm a contract. B) Contracts that come under the necessaries of life can be disaffirmed by minors. C) Minors are exempt from duty of restoration during the period of minority. D) A minor can expressly disaffirm a contract orally or in writing.
The columns in a database are also called ________.
A. records B. fields C. tables D. verticals E. files
Although the U.S. Justice Department frowns on ________ because it restricts the normal operation of a free market, it is still legal for two companies to buy one another's products as long as there is no coercion involved.
A. supply partnerships B. quid pro quo C. just-in-time procurement D. reciprocity E. tying agreements