Which of the Following Is True

question 64

Multiple Choice

Which of the following is true?

• A) Amazon got its start selling games online.
• B) Amazon is no longer the world's largest online retailer.
• C) Amazon's strength lies in being always able to sell well directly to its customers.
• D) Amazon's profitability has remained constant over the years and analysts continue to predict profits for the firm's future.
• E) Amazon finds a competitive advantage in the cycle of buyer-seller growth.

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Definitions:

Agent

A person or entity authorized to act on behalf of another (the principal), in dealings with third parties.

Corporation

A legal entity recognized by law as separate from its owners, with its rights and liabilities, capable of conducting business, entering contracts, and owning assets.

Indorsers

Individuals or entities that sign a document (often a negotiable instrument like a cheque) on the back to signify their agreement to transfer title or to guarantee its terms.

Contractually Liable

A state of being legally obligated by the terms of a contract to perform certain duties or compensate for failure to do so.