Commercial impracticability and impossibility of performance are essentially the same standard

Indicate whether the statement is true or false


True

Business

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Electronic retailing is the communication and sale of products or services to consumers over the Internet.

Answer the following statement true (T) or false (F)

Business

Which of the following best describes the two sources of insurance regulation?

A) State governments and the federal government B) Insurance law and the administration of that law C) Contracts and the court system D) Administrative bodies and the court system

Business

The elimination of intermediaries such as wholesalers or distributors from a marketing channel is referred to as:

A. disintermediation B. disassociation C. unencumberance D. demarketing E. selective retention

Business

Which of the following estimates are not always required when calculating depreciation expense? Select all that apply.

A. Depreciation rate B. Useful life C. Depreciation method D. Salvage value E. None of the above

Business