If abuyer breaches a contract, the seller can choose to simply cancel the contract

Indicate whether the statement is true or false


T

Business

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Explain any two factors that influence marketing plans and budgets

What will be an ideal response?

Business

Bliss Massage Therapy Center maintains a database of over 700 clients and sends each one a special discount offer in the month of his or her birthday. Managers hope that as existing customers use the discount, they will see an overall growth in sales. According to Igor Ansoff's Product-Market Matrix, this is an example of the ________ strategy.

A. market diversification B. market penetration C. market development D. product development E. product differentiation

Business

Which of the following is not an element of the financial statements?

A. Net income B. Assets C. Revenue D. Cash

Business

An important advantage of a general partnership is its:

a. limited liability b. transfer ability of stock c. ability to borrow money easily d. ability to combine skills and knowledge e. frozen investments

Business