Lucas, a dairy farmer in Minnesota, and Northland Dairy Products, Inc, enter into a contract for the sale of a certain quantity of fresh milk. Although not expressly stated, a concept that is read into this contract is the concept of
a. good faith.
b. impracticability.
c. square dealing.
d. unconscionability.
A
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Which of the following is an advantage of a general partnership when compared to a corporation?
a. A partnership is more likely to have a positive net income. b. The partnership is relatively inexpensive to organize. c. Creditors to a partnership cannot attach personal assets of partners. d. The partnership usually hires professional managers.
When the Coca-Cola Company convened focus groups in Europe and Asia to assess potential market acceptance of a contoured aluminum soft drink can, it was attempting to collect ________ data
A) primary B) secondary C) incipient D) quantitative E) MIS
Compassion has nothing to do with sustainable business. Business is business.
Answer the following statement true (T) or false (F)
The rate of return required by a company that is used to determine the imputed interest portion of future cash receipts and disbursements is referred to as the _______________________
Fill in the blank(s) with correct word