The Phenomenon of "Shipping the Good Apples Out" Occurs Because

question 52

Multiple Choice

The phenomenon of "shipping the good apples out" occurs because:

• A)shipping implies a fixed charge is included in the price.
• B)people prefer high quality goods to low quality.
• C)the relative price of high and low quality goods is too low.
• D)people buy the lowest price goods locally.

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Definitions:

S Corporation

A special designation that allows corporations to pass income directly to shareholders and avoid double taxation.

Partnerships

A business structure where two or more individuals manage and operate a business in accordance with the terms and goals set out in a partnership agreement.

Revised Model Business Corporation Act (RMBCA)

A set of laws proposed to standardize the regulation of corporations in the United States, offering a template for state legislatures.

Incorporators

Individuals who participate in the creation of a corporation by preparing, signing, and filing its articles of incorporation with the relevant state authority.