Which of the following most accurately describes the resolution of the dispute between Hachette, Simon & Schuster, and Amazon?
A) The dispute remains unresolved.
B) Publishers can set the prices of their books, but Amazon can offer incentives to publishers to reduce prices on selected books and publishers may pay Amazon to list their books.
C) Amazon can determine the prices of books sold on its platform at its sole discretion.
D) Amazon must not sell the books for any lower than the price they are offered by Apple.
B
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On November 30, Thatcher Company issued a $12,000, 6%, 6-month note to the National Bank. The entry on Thatcher's books to record the payment of the note at maturity will include a credit to Cash for:
a. $12,000. b. $12,720. c. $12,180. d. $12,360.
In situations where a company has not developed its systems in-house but instead has licensed software, as in the case of ERP systems, maintenance costs remain ________
A) High B) Low C) Same D) Negligible