Intermediaries that facilitate negotiations between buyers and sellers of goods and services but never take ownership of products traded are called retailers

Indicate whether the statement is true or false

FALSE
Explanation: Agents/brokers are the intermediaries who facilitate negotiations between buyers and sellers of goods and services but never take title, or ownership, of the products traded.

Business

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In order to expand its business, the management of Vereos, Inc issued a long-term notes payable for $50,000

The note will be paid over a 10-year period with equal annual principal payments, beginning in one year. The annual interest rate is 12%. Prepare the journal entry for the issuance of the note. What will be an ideal response

Business

Reaching unique or overlapping markets that have different levels of product awareness require programming standardization

Indicate whether the statement is true or false

Business