To control specific offers for goods or services and thus the resulting contracts, important terms to provide online include
A. a provision relating to the resolution of any dispute.
B. a detailed history of the particular business.
C. positive reviews from customers or clients.
D. an updated list of the goods or services.
Answer: A
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Which of the following industry forces is most likely to give a new business a far better chance of succeeding?
A) intense rivalry among competitors B) high customer power C) high barriers to entry D) high supplier power E) many product substitutes
When inventory costs are declining, which of the following inventory costing methods will result in the highest cost of goods sold?
A) first-in, first-out B) last-in, first-out C) weighted-average D) specific identification
Variations on an existing product idea can make a product new.
Answer the following statement true (T) or false (F)
To be a close corporation, the business must be small, with no more than 20 owners, trade its stock publicly, and have no more than $500,000 in gross annual income
Indicate whether the statement is true or false