When a buyer agrees to purchase all the goods produced by a seller, it is called an output contract

a. True
b. False
Indicate whether the statement is true or false

True

Business

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A(n) ________ helps employees act ethically by setting limits beyond which an employee must not pass.

A) boundary system B) diagnostic control system C) interactive control system D) internal control system

Business

Think Ink is a growing company that sells a variety of inks for home and business printers. Management at Think Ink has decided to open a sales branch overseas to handle sales and distribution abroad. Think Ink is engaging in ________

A) indirect exporting B) direct exporting C) licensing D) joint ownership E) management contracting

Business