Apple products are sold in Apple's retail stores and in other retail stores such as Best Buy and Target. Which types of distribution channels to Apple use?
A) Consumer direct and retail distribution
B) Retail and two-step distribution
C) Retail and agent to wholesaler to retailer distribution
D) Two-step and agent to wholesaler to retailer distribution
E) Consumer direct and two-step distribution
Question 2
With regard to taxation of partnerships, which of the following statements is true?
A) Profits are taxed twice.
B) Each partner is taxed in the same way as a sole proprietor.
C) Taxes are paid on a partnership's profits, after which each partner pays taxes on his or her share of profits.
D) A partnership is exempt from taxes.
E) The partnership is taxed as a separate entity.