Bob, a sales representative for Central Computer Co., occasionally uses the Internet to obtain information about his customers and to look for new sales leads. While visiting the Web site of Marketing World, Inc., Bob is presented with an on-screen message that offers, “To improve your ability to make deals, read our monthly online magazine, Sales Genius, available at a subscription rate of $15 a month. To subscribe, fill in your name, company name, and e-mail address below, and click ‘YES!’ By clicking ‘YES!’ you agree to the terms of the subscription contract. To read this contract, click ‘TERMS.’ ” Among those terms is a clause that allows Marketing World to charge interest for subscription bills not paid within a certain time. The terms also prohibit subscribers from copying or distributing part or all of Sales Genius in any form. Bob subscribes without reading the terms. Marketing World later files a suit against Bob based on his failure to pay for his subscription. Should the court hold that Bob is obligated to pay interest on the amount? Explain.
On June 28, a sales representative for Renowned Books calls on the Gochars at their home. After a...... ... later, the Gonchars, having second thoughts, contact the book company and state that they decided to rescind the contract. Renowned Books says this is impossible. Has Renowned Books violated...
You are a sales representative for an international software company. After four excellent years,...... ... software company. After four excellent years, sales in your territory are off 30 percent this year. Describe three impression management techniques you might use to convince your manager that...
While visiting the Web site of Cyber Investments, Dani encounters a pop-up box that reads, “Our...... ... E-Profit is available by subscription at the rate of one dollar per issue. To subscribe, enter your e-mail address below and click on ‘SUBSCRIBE.’” Dani enters her e-mail address and...
Refer to the General Mills\'s financial statements at the end of the text and answer the following questions: 1. What are the items listed as long-term liabilities by General Mills? How did those liabilities change from 2009 to 2010? 2. Calculate the debt-to-equity ratio and the times interest...
Mr. Musk is issuing today 3 percent annual coupon bond for €1000. The bond has 10 years to maturity. You are a conservative investor, and believe that bonds are less risky than stocks, so you decide to invest . What rate of return do you expect to earn on your investment? Two years from now, the...
Do a Web search using “benefit of tax cuts” and find an article arguing for or against a particular tax cut proposal or policy. Briefly summarize the article and discuss whether you think it made its case well.
Xon, a small oil company, purchased a new petroleum drilling rig for $1,800,000. Xon will depreciate the drilling rig using MACRS depreciation . The drilling rig has been leased to a drilling company, which will pay Xon $450,000 per year for 8 years. At the end of 8 years the drilling rig will...
1. The following is the trial balance of Big bank LLC as on 31/12/2020 (7 marks) Dr OMR Cr OMR 750,000 Particulars Share capital Loans and advances 8,020,000 Bank premises Government securities General reserve $32,500 1,530,000 450,000 Deposits 9,646,000 Interest and discounts 800,000 Interest on...
Consider the following MBS pass through with principal $300 million. The original mortgage pool has a WAM = 360 months (30 years) and a WAC = 7.00%. The pass through security pays a coupon equal to 6.5%. Instead of the yield curve, you are given the following parameters from the extended Nelson...
Anne is a reporter for Daily Business Journal, a print publication consulted by investors and other businesspersons. She often uses the Internet to conduct research for the articles that she writes for the publication. While visiting the Web site of Cyberspace Investments Corp., Anne reads a pop-up...
Ticketmaster Corp. operates a Web site that allows customers to buy tickets to concerts, ball games, and other events. On the site’s home page are instructions and an index to internal pages (one page per event). Each event page provides basic information (a short description of the event, with...
According to the Bureau of Transportation, American Airlines had an on time arrival rate of 80.3% for a given year. Assume that this statistic is based on a sample of 1000 randomly selected American Airlines flights. Find the 99% confidence interval estimate of the percentage of all American...