Which of the Following Statements Is Not True About the Automobile

question 61

Multiple Choice

Which of the following statements is not true about the automobile, and automobile parts and accessories, online retail category?

• A) Most of the revenue in this category is generated from the sales of automobiles.
• B) Automobile manufacturers use the Internet to deliver branding advertising.
• C) U.S. franchising law prohibits automobile manufacturers from selling cars directly to consumers.
• D) Automobile retailing is dominated by dealership networks.

Understand the concept of capital deficiency and its resolution within the framework of partnership accounting.

Identify the importance of a detailed partnership agreement in preventing and resolving disputes among partners.

Understand the concept of public goods and the reasons behind their lack of provision in the private sector.

Identify examples of public goods and externalities.