Noncompeting products sold to customers in a specific region are usually marketed through ________ who take ownership but not physical possession of the goods
A) manufacturers' representatives
B) brokers
C) rack jobbers
D) drop shippers
E) agents
Answer: D
Explanation: Natural resources such as lumber, grain, and coal are usually marketed through a class of limited-service wholesalers called drop shippers, who take ownership but not physical possession of the goods they handle.
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According to norms of distributive justice:
A. fair criteria should be used to assign benefits and burdens of affirmative action. B. affirmative action destroys the right of all individuals to equal treatment before law. C. the overall benefit to society as a result of affirmative action should be calculated. D. discrimination in favor of protected groups is benevolent of intention.
Which of the following statements is correct?
a. prepaid expenses are decreased with a debit b. unearned revenue is increased with a debit c. rent expense is increased with a credit d. accounts payable is increased with a credit