The United States and other members of a certain organization agree to grant normal trade relations (NTR) status to each other with regard to im¬ports and exports. This organi¬zation is
a. the Convention on Contracts for the International Sale of Goods.
b. the International Export-Import Bank.
c. the United Nations.
d. the World Trade Organization.
D
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Redfearn Company has current assets of $150,000 and current liabilities of $60,000 . How much inventory could it purchase on account and achieve its minimum desired current ratio of 2 to 1?
a. $10,000 b. $20,000 c. $30,000 d. $40,000
Which of the following characteristics is most likely to be the more sustainable competitive advantage?
A. Ability to get scarce merchandise B. More employees C. Bigger warehouses D. Extended hours of operation E. Greater assortment of merchandise
If several people act as cosureties for a principal and one of them had paid the principal's debt, the cosurety who paid the debt has a claim against the other cosureties because of his or her right ________.
A. of strict foreclosure B. to reimbursement C. to contribution D. of subrogation
Media mentions and word-of-mouth
A) have generally replaced advertising as the major means of product promotion. B) allow direct marketers to better target specific demographic groups. C) generally only work well in geographic areas underserved by online service providers. D) require a company's sales force to spend more time making cold calls. E) are nonthreatening means by which consumers become aware of their need for products.