The overall objective in the determination of a transfer price is to
a) minimize the cost to the purchasing division.
b) minimize the return of the selling division.
c) maximize the return of the selling division.
d) maximize the return to the whole company.
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A potential buyer requested the seller's agent not disclose their identity to the seller. Should the agent follow the buyer's instructions?
A. Yes, the buyer;s identity is not required. B. Yes, the agent must follow the buyer's instructions. C. No, the agent has the duty to disclose this to the seller. D. No, this would be a violation of the anti-trust laws.
What function of the law is being served when passing laws that prohibit discrimination at workplaces?
A) keeping the peace B) providing a basis for compromise C) maintaining the status quo D) promoting social justice