Without permission, a Russian firm names itself McDonald's and begins selling hamburgers and French fries in Russia. This is
A) piracy
B) a licensing agreement.
C) indirect exporting.
D) franchising.
A
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What does initiation of effort refer to?
a. how much effort to exert b. where to put the effort c. how long effort will persist d. what type of effort to engage in
Marketing intermediaries that sell goods directly to the consumer are engaged in ____________________.
Fill in the blank(s) with the appropriate word(s).
Babitt entered into a contract with Gurtz to build an indoor swimming pool. The price was $15,000 . Gurtz failed to do the work, so Babitt contracted with Dao to do the work for the same price ($15,000). Babitt then sued Gurtz for breach of contract. Babitt will receive
a. liquidated damages. b. compensatory damages. c. nominal damages. d. both compensatory and nominal damages.
The following information pertains to Zootime Co.'s Shelter Division for the current year: (CPA adapted) Sales$311,000 Variable cost$250,000 Traceable fixed costs$50,000 Average invested capital$40,000 Imputed interest rate 10% Zootime's return on investment was:
A. 30.00%. B. 27.50%. C. 10.00%. D. 13.33%.