An ordinary bailment can arise with only an implied agreement between the parties

Indicate whether the statement is true or false


True

Business

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What are derivative instruments and how are they used?

Business

Time invested in an account by a salesperson should be directly proportional to the:

A. price of the product or service. B. number of products the company manufactures. C. number of complaints the customer has. D. turnover experienced by the customer. E. potential sales represented by the account.

Business

ABC analysis divides on-hand inventory into three classes, generally based upon which of the following?

A) item quality B) unit price C) the number of units on hand D) annual demand E) annual dollar volume

Business

Prior to applying for a loan through an approved Small Business Administration lender, you

must establish the form of business ownership. Indicate whether the statement is true or false

Business