Liu Files a Suit Against Macro Sales,Inc

question 40

Multiple Choice

Liu files a suit against Macro Sales,Inc.,in a New Jersey state court based on a Web site through which New Jersey residents can do busi?ness with Macro.The court will most likely exercise jurisdiction over Macro if the interactivity of the site is seen as

• A)a "substantial enough" connection with the state.
• B)"downloading" from the state.
• C)not connected with the state.
• D)"uploading" to the state.

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Definitions:

Terms 2/10 N/30

Terms 2/10 N/30 is a commercial credit term indicating that a buyer can deduct 2% of the invoice amount if payment is made within 10 days; otherwise, the full invoice amount is due in 30 days.

Invoice Paid

A financial transaction where an invoice has been settled or fulfilled, indicating that the billed goods or services have been paid for by the recipient.

Discount

A discount refers to a reduction from the usual cost of goods or services, often used as a marketing strategy to increase sales or reward customers.

Sales Revenue

The income earned by a company from its sales of goods or services before any expenses are deducted.