Explain the limitations for marketers offering e-commerce shopping
What will be an ideal response?
Limitations for marketers engaging in e-commerce retailing may include a lack of security and a customer's fear of fraud. The marketer must maintain the site to reap its full potential benefits. The marketer must also work to find innovative ways to address the consumers' need for "touch-and-feel" information before buying a product. Finally, marketers may have difficulties arranging for payment methods for consumers from developing countries that primarily use cash.
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Quiche & Tell, Inc., is authorized to sell 2,000,000, $3 par value common stock. On May 3, it issued 60,000 at $11 each. The journal entry to record the issuance of this stock includes a ______.
a. debit Cash $22,000,000 b. credit Paid-in Capital in Excess of Par $480,000 c. credit Common Stock $660,000 d. debit Cash $660,000 e. credit Common Stock $180,000 f. credit Cash $660,000 g. debit Common Stock $22,000,000 h. credit Common Stock $22,000,000
Juniper Ltd, a manufacturer of jams and jellies, has been sued by Trevor who alleges that
he consumed worms in one of their products and which made him severely ill. Juniper sells all of its products through an independent regional distributor Jellyco. Juniper's manufacturing process entails bottling the jams and jellies when the mixtures are at boiling temperatures and thereafter immediately sealing the containers. It therefore believes that it is impossible that worms could have been in its product when it left the manufacturing plant. Which of the following is its best defence to Trevor's claim? A) That it did not cause the defect in the product B) That it does not know how the defect occurred C) That Jellyco must have caused the defect D) That Trevor did not really suffer an injury E) That it owed no duty of care to Trevor