Lucy, a minor, disaffirms a contract for necessaries without returning the goods. To Manny's Food Mart, the seller, Lucy is required to pay
a. nothing.
b. the reasonable value of the goods.
c. the sales price of the goods.
d. the ultimate worth of the goods.
B
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Last year, Amanda Jones opened an ice cream parlor in a busy shopping center. She spent a lot on advertising and attracted many customers into the store, but a few customers made turned up and sales were declining. Amanda paid attention to questions and
requests made by customers and determined that they often requested items that were within the scope of her business but that she did not carry. When she offered to order items for her customers, delivery was usually too late and, yet again, sales were lost. What measures should Amanda take to improve her business?
The direct materials price variance is best measured and reported to appropriate management personnel at the time
A) purchased quantities exceed standard order size. B) quarterly financial statements are prepared. C) shipments are received and recorded as purchases. D) direct materials are issued to production areas.
Answer the following statements true (T) or false (F)
1. Factors such as the political and social structure of the country have no impact on the ethical decision-making process. 2. An ethical crisis occurs when an event that was not part of the normal course of action for a firm takes place and affects the firm. 3. Corporate culture is based on norms and behavior patterns within any given organization. 4. Shared values are factors such as what is seen and heard within a firm.
Kraft Foods brought together a group of twenty mothers to discuss their views of Kraft Singles in comparison to less expensive brands. The conversation was run by a trained researcher who led the ________ to reveal the participants' true feelings about the products.
A. experiment B. survey sample C. simulation D. observations E. focus group