Which of the following best describes horizontal division of markets?
A) The granting of exclusive geographic territory to salespersons
B) An agreement under which two companies agree to jointly market related products, such
as sport utility vehicles and outdoor sports equipment
C) Any action in which a company distributes some products in one geographic area and
other products in another geographic area
D) An agreement by competitors to serve only a designated portion of the market for their
products
E) Any action in which a company charges different prices for a product depending on the
geographic market
D
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Under absorption costing, fixed manufacturing overhead could be found in all of the following except the
a. work-in-process account. b. finished goods inventory account. c. Cost of Goods Sold. d. period costs.
In a fully-disclosed agency, the contract is between ________
A) a principal and an agent B) a principal and a third party C) an agent and a third party D) a principal, an agent, and a third party
Constructs, or traits, include all of the following EXCEPT
A. intelligence. B. mechanical comprehension. C. physical ability. D. anxiety.
Infringement of a mark occurs when:
a. a person intends to confuse purchasers. b. it is proved that purchasers were actually confused by use of an identical or substantially indistinguishable mark. c. and only when, the mark is identical to another mark. d. a person without authorization uses an identical or substantially similar mark that is likely to cause confusion, to cause mistake, or to deceive.