What are two objectives for levying an export tariff?
What will be an ideal response?
Answer: To reduce exports from an industry sector, often for political reasons and to raise revenue for the government
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Which of the following is true with regard to personal selling?
A) Personal selling entails personal presentations by a firm's sales force for the purpose of making sales and building customer relationships. B) Personal selling involves making personal requests to potential buyers to enter into short-term business relationships with firms. C) Personal selling distances the buyer from the seller and does not focus on building enduring relationships. D) An outside sales force is not involved in personal selling. E) Personal selling is a relatively new profession.
Which of the following is true of mislaid property with regard to the person who finds it?
A) The finder becomes the owner of the property. B) The finder has the right to share it with the original owner. C) The finder is not entitled to possess the property. D) The finder is absolved of any responsibility of the mislaid property.