Loen Handicrafts is a company that has entered the international market through exporting. It wants to use the entry tactic of making. Which of the following is most likely true in the given scenario?

A) Loen Handicrafts purchases sales and marketing channels.
B) Loen Handicrafts enters into a joint venture with a partner.
C) Loen Handicrafts establishes its own sales and distribution.
D) Loen Handicrafts begins a greenfield operation.

On April 1, you bought one S&P 500 Index futures contract at a futures price of 1,550. If, on June 15, the futures price was 1,612, what would be your profit (loss) if you closed your position (without considering transactions costs) ?

A) $1,550 loss
B) $15,550 loss
C) $15,550 profit
D) $1,550 profit

Alberta buys a paint sprayer and a lift for her car customizing shop. A macroeconomist would refer to these purchases as investment.

Bonds are a form of interest-bearing notes payable.

Max Weber is known as the pioneer of scientific management.

If a party's principal purpose is substantially frustrated without his fault by the occurrence of an event whose nonoccurrence was a basic assumption on which the contract was made, the party's remaining duties to render performance are discharged, unless the party has assumed the risk.