Answer:
No, price need not be in the contract for the sale of goods under the Uniform Commercial Code, so long as the quantity is specified.
There is no profit. Hope this helps.
Answer:
d. may not always fit the specific needs of the user.
Explanation:
Standardized marketing information is a secondary data which is collected for use but is already used by someone else. The main disadvantage of standardized marketing data is that is might not fit the specific needs of the user. The data collected does not satisfy the purpose of gathering information. This data can save time of the user but it will not meet the requirement for which it was collected.
The economic theory the choice of management team at Pass the Ketchup Brands represent is known as internalization theory.
<h3>What is internalization theory?</h3>
Internalization theory is an economic theory that tends to protect companies' sole rights to their products. The theory gives protection to local industries who aim at having larger market share.
This is because when other companies know the secret or having access to their product make up, such might reduce their market share of that product.
Hence, the economic theory the choice of management team at Pass the Ketchup Brands represent is known as internalization theory.
Learn more about internalization theory here: brainly.com/question/10563712
Answer:
C) International Financial Reporting Standards
Explanation:
The International Financial Reporting Standards are accounting standards which are recognized and issued out by the International Accounting Standards Board (I.A.S.B) and the International Financial Reporting Standard Foundation with the former being responsible for accepting or approving and issuing of standards used in accounting by accountants. These accounting standards make up a standard manner in which a company or firm's financial performance is evaluated using their financial statements which should be understandable. These accounting standards are used by firms which own shares on a public stock exchange.