A negotiated transfer price
A) is one that is bargained for between the managers of the buying and selling divisions.
B) would not be based on a product market price that has been reduced through bargaining by division managers.
C) could never be used in an agreement based on standard costs and a profit margin.
D) is usually developed by lawyers following defined legal procedures.
A
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Which of the following is not a form of employee monitoring?
a. Going undercover b. Tapping landline phones c. Bullying d. Monitoring personal web postings
Which of the following is characteristic of contract law during the twentieth century compared with contract law in the nineteenth century?
A) Privity of contract gained in importance. B) Many of the formalities of contract formation were relaxed. C) Contract liability is absolute and escape from liability, once assumed, is rare. D) There is a narrower view of contract damages.
To constitute an express warranty, a representation must be in writing.
Answer the following statement true (T) or false (F)
Product and trademark franchising is usually observed in the restaurant industry.
Answer the following statement true (T) or false (F)