In which step of the process of building a marketing plan is a thorough examination of market forces, competitive position, and current performance undertaken?

Which of the following defenses by a surety will be effective to avoid liability?

a. Lack of consideration to support the surety undertaking. b. Insolvency in the bankruptcy sense of the debtor. c. Incompetency of the debtor to make the contract in question. d. Fraudulent statements by the principal debtor that induced the surety to assume the obligation and that were unknown to the creditor.

The Canine Shop orders special powders and oils with a list price of $1,500. The supplier extends a 4% trade discount rate. What is the net price?

A) $1,400 B) $84 C) $1,440 D) $60