1. A promise worded so that it does not create or increase your legal obligation is said to be.
2. Termination clauses always make a contract invalid for lack of consideration TRUE OR FALSE
3. Output clauses are made enforceable through the courts imposing the duty of on the parties.
4. If you already owe a duty, that duty cannot be used as consideration. TRUE OR FALSE
5. Past consideration is not binding consideration. TRUE OR FALSE
6. When there is a dispute over the amount owed, a subsequent agreement stipulating that amount and promising its payment is
referred to as a(n) A) accord, B) satisfaction C) output contract
7. Deb Tore let her credit card debt get out of hand and ended up owing 11 card companies more than $35,000. Knowing that Deb could
not pay the full amount due, the card companies conferred with one another and offered to reduce their total claims to $17,500, if she
would not seek to discharge the amounts owed through bankruptcy. She agreed. What is such a group of creditors called? What
consideration binds each credit card company to the agreement?

Shrieves casting company is considering adding a new line to its product mix, and the capital budgeting analysis is being conducted by sidney johnson, a recently graduated mba. the production line would be set up in unused space in the main plant. the machinery’s invoice price would be approximately $200,000, another $10,000 in shipping charges would be required, and it would cost an additional $30,000 to install the equipment. the machinery has an economic life of 4 years, and shrieves has obtained a special tax ruling that places the equipment in the macrs 3-year class. the machinery is expected to have a salvage value of $25,000 after 4 years of use. the new line would generate incremental sales of 1,250 units per year for 4 years at an incremental cost of $100 per unit in the first year, excluding depreciation. each unit can be sold for $200 in the first year. the sales price and cost are both expected to increase by 3% per year due to inflation. further, to handle the new line, the firm’s net working capital would have to increase by an amount equal to 12% of sales revenues. the firm’s tax rate is 40%, and its overall weighted average cost of capital, which is the risk-adjusted cost of capital for an average project (r), is 10%. define “incremental cash flow.” (1) should you subtract interest expense or dividends when calculating project cash flow?

mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?

This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.