Marketing Inc

question 53

Multiple Choice

Marketing Inc. offers to create a campaign to increase N'Ice Cream Inc.'s online business. N'Ice agrees to pay for the service. These parties have

• A)no contract.
• B)an express contract.
• C)an implied contract.
• D)a quasi contract.

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Definitions:

Inventory

The total amount of goods and materials held in stock by a business, shop, or warehouse.

Administrative Expenses

Ongoing expenses associated with the general operation of a business, such as office supplies, salaries of non-sales personnel, and utilities.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, usually a year or a quarter, highlighting the net profit or loss.

Shareholder Stake

The interest or share that an individual or entity has in the ownership of a company, often expressed as a percentage of the company's stock.