Where there has been a breach of warranty, the buyer or lessee may sue the seller or lessor to recover ________ damages

A) compensatory
B) future
C) punitive
D) liquidated


A

Business

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Which of the following statements is true of a product sales-force structure?

A) A product sales-force structure is characterized by specialization along product lines. B) A product sales-force structure is used when a company has only one product line. C) A product sales-force structure requires every salesperson to be an expert in all the product categories of the company. D) A product sales-force structure organizes the sales force along customer or industry lines. E) A product sales-force structure uses a single sales force across different product lines.

Business

If the market interest rate at the date of issuance of a bond exceeds the face interest rate, the bond will probably be sold at a discount

Indicate whether the statement is true or false

Business

The American Inventors Protection Act requires the U.S. Patent and Trademark office to take

action on a patent application within three years in most cases. Indicate whether the statement is true or false

Business

Littleton Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances

Littleton has four public relations specialists and office staff. At the beginning of 2016, Littleton estimated the total cost of salaries and benefits for the public relations specialists at $684,000 and a total of 7,200 billable hours for the year. The office and administrative costs were estimated at $432,000. The allocation base for office and administrative costs is billable hours. A new client is contracting with Littleton to promote a ballet tour in the United States Littleton estimates that the job will require 38 billable hours of specialist time. If Littleton wishes to have a 20% mark up on cost on the job, what price should Littleton quote to the client? A) $3,610 B) $2,280 C) $8,128 D) $2,238

Business