Kwality Computers utilizes the same promotional message about their product worldwide. This is an example of:

A. a letter of credit arrangement.
B. global marketing.
C. multinational sensitivity.
D. countertrading efficiency.

Ans: B. global marketing.

Business

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Firewood, Inc. signed a three-year note payable for $59,000 at 7% annual interest. What is the interest expense for 2017 if the note was signed on August 1, 2017?

A) $2,065 B) $1,721 C) $12,390 D) $4,130

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Torts that can be covered by insurance policies include all of the following, EXCEPT:

a. Intentional torts committed with intent, but the results of the act had unintended consequences that caused harm to another. b. A negligent tort in which a failure to act, caused harm to another. c. Vicarious liability due to an employee causing harm to another and the negligence is imputed to the employer. d. Intentional torts purposely committed to cause harm to another

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