Both merchandising and manufacturing companies normally have multiple inventory accounts.

A retailer views the sales of merchandise through store, catalog, and Web-based operations as complementary to one another. This approach illustrates _____

a. channel cooperation b. multi-channel retailing c. intensive distribution d. selective distribution

All of the following agreements lack consideration except:

A) A promise by an adult not to smoke in exchange for a payment of money. B) A promise that is based on a prior act or performance. C) A promise made out of a sense of moral obligation. D) A contract supported by a promise to refrain from doing an illegal act.