If a contract can be carried out within one year, it need not be in writing

Indicate whether the statement is true or false


T

Business

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Loyal customers are most likely to be dissatisfied when problems are not resolved after complaining to the organization

a. True b. False Indicate whether the statement is true or false

Business

A maker of breakfast cereals has contracted to buy 100,000 bushels of wheat for $4.50 a bushel at the end of October. On the delivery date, the spot price of wheat is $4.70 per bushel. Which of the following is true?

A) The seller of the contract has $20,000 profit. B) The buyer of the contract has a $20,000 loss. C) The buyer of the contract has a $20,000 profit. D) Both A and B are true

Business

In the Schedule of Cost of Goods Manufactured, Raw materials used in production = Beginning raw materials inventory + Purchases of raw materials ? Ending raw materials inventory.

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

Business

When Mark brought in a large client for the bank, Dan gave Mark a significant bonus. What type of power was Dan using?

A. expert B. Coercive C. Reward D. Empowerment E. Referent

Business