Higher liquidity (holding larger cash and marketable securities balances) generally results in a
lower return on equity.
Indicate whether the statement is true or false
TRUE
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Which form of distribution balances channel cooperation with an increased opportunity for product sales?
a. exclusive distribution b. selective distribution c. intensive distribution d. dual distribution
When can an offeror who has promised to keep the offer open to a specific date, be able to validly withdraw their offer before that date?
A) The offeror gives a reasonable explanation for his decision to withdraw the offer B) At any time so long as the other party had not paid for an option to keep it open C) They would not be allowed to just withdraw the offer D) The offeror does not intend to make a new offer concerning the same subject matter to any other person for a greater consideration E) They can only withdraw it if a reasonable time has passed or a set date was set to revoke the offer