Which type of business product includes such capital goods as large or expensive machines, mainframe computers, blast furnaces, generators, airplanes, and buildings?
A. major equipment
B. raw materials
C. component parts
D. accessory equipment
E. investment goods
Answer: A
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On July 1, a company paid the $4800 premium on a one-year insurance policy with benefits beginning on that date. What will be the insurance expense on the annual income statement for the first year ended December 31?
A. $4800. B. $3600. C. $2000. D. $1200. E. $2400.
In a global value delivery network, the first link, ________, moves company products from points of production to the borders of countries within which they are sold
A) distribution centers B) wholesalers C) channels within nations D) retailers E) channels between nations
Identify a true statement about the treatment of whistle-blowers who go public with their complaints.
A. They are arrested for sedition under the Sarbanes-Oxley Act. B. Though they are protected under the law, they are often resented and rejected by their co-workers. C. Under a Civil War-era law, they are seen as complicit in the corruption they report. D. They are forbidden from disclosing corruption in government institutions to the media.
If a voidable contract is avoided, the promisee, but not the promisor, is released from it
Indicate whether the statement is true or false