Steve sells paint to shops that repair wrecked vehicles. When Steve called on Elwood Body Shop, he wanted to sell the body shop owner six cases of his company's base coating paint. In terms of the acronym SMART, Steve's objective:

A) could not be measured.
B) was not readily achievable.
C) did not have a valid order size.
D) was missing the time component.
E) met all call objective requirements.

Profit would be an example of a(n) __________.

A) ​mission statement
B) ​strategy
C) ​goal or objective
D) strength
E) ​operating philosophy

The purpose of damages in the form of monetary compensation under a breach of contract action is to compensate the injured party for the losses suffered. Indicate two limitations on this principle.

The best case scenario analysis is based on the _____ expected sales quantity, the _____ expected sales price, and the _____ expected costs per unit.

A) Highest; highest; highest.
B) Highest; highest; lowest.
C) Highest; lowest; lowest.
D) Lowest; lowest; highest.
E) Lowest; lowest; lowest.

Large corporations tend to be:

A) partnerships.
B) T-type corporations.
C) C-type corporations.
D) sole proprietorships.

When a specific payee is named in an instrument,this is known as a(n) ________ instrument.

A) demand
B) order
C) conditional
D) bearer
E) qualified