A seller may resell the goods when:
A. neither party breaches the contract, but the seller can make a higher profit upon resale to another buyer.
B. the seller is sure that the buyer is going to breach the contract.
C. the buyer breaches the contract, and the seller has possession of the goods.
D. the seller breaches the contract, and the buyer has possession of the goods.
Answer: C
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Social class is not determined by a single factor, such as income, but is measured as a combination of occupation, income, education, wealth, and other variables
Indicate whether the statement is true or false
Minar Inc. reported the following results from last year's operations: Sales$5,700,000Variable expenses 3,510,000Contribution margin 2,190,000Fixed expenses 1,734,000Net operating income$ 456,000Average operating assets$3,000,000At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics: Sales$1,530,000 Contribution margin ratio 60% of salesFixed expenses$810,900 If the company pursues the investment opportunity and otherwise performs the same as last year, the combined margin for the entire company will be closest to:
A. 6.3% B. 1.9% C. 9.9% D. 7.8%
A(n) ________ economy is rich in one or more natural resources but poor in other ways and much of its revenue comes from exporting its natural resources
A) industrial B) industrializing C) raw material exporting D) subsistence E) agrarian
Many entrepreneurs find that as they grow they need to change their management style.
Answer the following statement true (T) or false (F)