Explain assignment of rights
What will be an ideal response?
The transfer of contractual rights is called an assignment of rights. A party who owes a duty of performance under a contract is called the obligor. A party who is owed a right under a contract is called the obligee. An obligee who transfers the right to receive performance is called an assignor. The party to whom the right has been transferred is called the assignee. The assignee can assign the right to yet another person called a subsequent assignee, or subassignee.
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What is the distinguishing characteristic between accounts receivable and notes receivable?
a. Accounts receivable are usually current assets while notes receivable are usually long-term assets. b. Accounts receivable require payment of interest if not paid within the usual credit terms. c. Notes receivable result from credit sale transactions for merchandising companies, while accounts receivable result from credit sale transactions for service companies. d. Notes receivable result from a written promise to pay within a specified amount of time.
Marketing communicators should be good at ________ messages that take into account how the target audience ________ them
A) delivering; encodes B) sending; encodes C) encoding; decodes D) retrieving; perceives E) decoding; receives
According to the text, which of the following is the key priority of the most admired companies as compared with average companies?
A. Customer focus B. Minimizing risk C. Making budget D. Respecting the chain of command
Explain any one element of an executive compensation package in detail.
What will be an ideal response?