Assignment:
Question 1. List and explain the requirements of a valid contract.
Question 2. Silver Co sold merchandize to Bronze Co. on account, $23,000, terms 2/14, net 45. The cost of the merchandize sold is $18,500. Silver Co. issued a credit memorandum for $2,599 for merchandize returned that originally cost $1,900. The Bronze Co. paid the invoice within the discount period. What is the amount of net income earned by Silver Co. on the above transaction?
Question 3. List and describe three ways to monitor and manage ethics
Question 4. Write a short essay on the goals of marketing
Question 5. Write a short essay on the key factors important to fiscal policy.
Question 6. Write a short essay on why ethics practices make (or do not make) good business sense.
Question 7. Write a short essay explaining the difference between micro and macro economics.