Galley, Inc. has a contract for operating the kitchen at the Palm Crest Hotel in Miami, Florida. Mealco has approached Palm Crest's director of operations and stated, "Look, sign with us. We'll take care of whatever damages you owe Galley." Suppose Mealco added the following phrase, "Galley is going under fast. They haven't paid rent in five months and their rent is $15,000 per month." Galley is current on its rent, and its rent is $5000 per month. Mealco's statements: a. are defamatory. b. constitute the tort of negligence. c. are covered under the shopkeeper's privilege. d. none of the above

Answers

Answer 1
Answer:

Answer:

D) none of the above

Explanation:

Mealco's statements constitute tortious interference, i.e. Mealco is intentionally interfering with an existent business relationship between other parties. Currently, Galley and the Palm Crest Hotel have a valid contract and Mealco is trying to convince one party (Palm Crest Hotel) to breach their contract with Galley. Galley can sue Mealco for tortious interference and seek recovery damages.


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If you are planning to carry a large balance on your credit card, which of the following credit card features should you look for?

Answers

The choices for this question can be found elsewhere and as follows:

Low APR
Low annual fees
Lots of credit card rewards
A large credit limit

From the choices, I think the correct answer is the first option. 
If you are planning to carry a large balance on your credit card, the credit card feature you should you look for is a low APR.

_____ is a market structure that has few sellers who can influence the price. Products can be identical or differentiated, such as in the steel or car markets.

Answers

The answer is : Olygopoly

In Olygopoly, the market will be dominated by a small amount of sellers. This will make it harder for the customers to find the products that they want and give the sellers a power to influence the price with a really low risk.

For example, only a few companies in china that have the power to distribute original Apple's product. This will make that  companies able to increase the price above average market since the Chinese couldn't get it anywhere else. 

An ad for Bud Light ran six times during a recently televised football game. When measuring IMC results for this ad, six would be the __________ for this telecast. A. Frequency
B. Reach
C. Gross rating points
D. ROI
E. Click-through rate

Answers

Answer: (A.) Frequency

Explanation:

The Nissan assembly plant in Tennessee purchases several thousand unassembled parts for automobiles and then performs final assembly of the vehicles before delivering them to dealers all over the nation. Purchasing parts several days or weeks before they are assembled would increase the total cash outlay the plant has tied up in inventory at any given time. In order to reduce the expense of large inventories, most assembly plants have successfully adopted __________ inventory systems.a. balanced
b. strategic alliance
c. just-in-time
d. rotational

Answers

Answer:

c. just-in-time

Explanation:

Just-in-time (JIT) is an inventory management strategy that eliminates to need to hold high volumes of stocks. In JIT, materials are purchased to coincide with the production process. Materials bought will not be kept in the stores but will go into the production process right away.

Should the Nissan team adopt the JIT strategy, it will not require to invest a lot of money in inventory purchases. It will only buy the parts needed for a specific production run. Nissan will free up cash that would be held in components kept in stores. The company will eliminate the possibility of the parts getting damaged while in the store.  The management of the Nissan team will have to be extra careful not to run out of stock at production time.

Watch was a teen publication given out free to high school students, but the publication was unable to deliver the response rates to coupons or sample offers that its advertisers expected. Marketing researchers for its publisher developed a research plan, gathered information from teen focus groups, analyzed the findings, and recommended replacing Watch magazine with Fuel for boys and Verve for girls. Making this change would be considered which step in the marketing research approach?a. define the problemb. develop the research planc. collect relevant informationd. take marketing actionse. develop findings

Answers

Answer:

The right answer to this question is option D. Take marketing actions

Explanation:

Based on the explanation given in the question, it is clear that  all other stages involved  in making marketing decisions have been followed, and the     process of effecting the decision made in the previous stages is Taking marketing actions.

Hence option D. Take marketing actions is the right answer  

Answer:

D) take marketing actions

Explanation:

Marketing researchers are taking marketing actions because they are recommending that Watch needs to be replaced by two magazines, one for boys and another for girls. This is the final and most important step in the marketing research analysis because you finally know what you need to do to improve your product or increase your sales, so now it is time to start working and do it.

Seafood Trading Co. commenced operations during the year as a large importer and exporter of seafood. The imports were all from one country overseas. The export sales were conducted as drop shipments and were merely transshipped at Seattle. Seafood Trading reported the following data: Purchases during the year $12.0 million Shipping costs from overseas 1.5 million Shipping costs to export customers 1.0 million Inventory at year end 3.0 million What amount of shipping costs should be included in Seafood Trading’s year-end inventory valuation? A. $250,000 B. $0 C. $1,125,000 D. $375,000

Answers

Answer:

D. $375,000

Explanation:

given data

Purchases during the year =  $12.0 million

Shipping costs from overseas = 1.5 million

Shipping costs to export customer =  1.0 million

Inventory at year end = 3.0 million

solution

we get here Seafood Trading’s year-end inventory valuation.

and we know here that shipping cost to export to customers is selling expense but not include the inventory.

so

shipping costs = ( Inventory at year-end ÷ Purchases during the year ) × Shipping costs from overseas    ..................1

put here value and we get

shipping costs = [($3.0 million ÷ $12.0 million) × $1.5 million]  

shipping costs =  $375,000

Final answer:

The Seafood Trading Company should include the shipping costs from overseas ($1.5 million) in its year-end inventory valuation, but it should not include the shipping costs to export customers ($1 million). Therefore, the total amount of shipping costs included in the year-end inventory valuation is $1.5 million.

Explanation:

Seafood Trading Company's year-end inventory valuation must include the cost of getting the merchandise ready to sell, which includes shipping costs. In the context of accounting, these costs are considered part of the 'cost of goods sold' and they should be reflected in the cost of inventory. The shipping costs of $1.5 million from overseas should be included in the inventory cost since these are considered product costs. In contrast, the outbound shipping costs of $1 million to export customers are considered period costs and are not included in the inventory valuation. Therefore, the amount of shipping costs included in Seafood Trading's year-end inventory valuation is $1.5 million.

Learn more about Inventory Valuation here:

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