Which of the following is NOT a channel intermediary?
A) the supplier of the raw materials used to make glass windows
B) the distributor who sells stained glass windows
C) the wholesaler who buys the stained glass window from its creator
D) the showroom that displays glass windows for customers to see
E) the manufacturers' agent who sells the stained glass windows
A
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Regarding the separation of corporate ownership and management, which of the following is a true statement?
A) The corporate officers elect the board of directors. B) The corporation runs better with day-to-day input from stockholders. C) None of the stockholders have the ability to manage the business of the corporation. D) Stockholders own the business, but a board of directors appoints corporate officers to manage the business.
A person can purchase a(n) ________ from a bank by paying the bank the amount of the check plus a fee for issuing the check
A) indorsed check B) ordinary check C) blank check D) cashier's check