The value equation can be represented as Value = Price/Benefits

Indicate whether the statement is true or false


FALSE

Business

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A method of assigning probabilities which assumes that the experimental outcomes are equally likely is referred to as the _____ method.

A. objective B. classical C. subjective D. experimental

Business

Generally, the more knowledgeable the customer, the greater the chances the court will interpret an incorrect statement by a salesperson as an actionable misrepresentation rather than as sales puffery.

Answer the following statement true (T) or false (F)

Business

The sole proprietor faces limited liability for contracts and torts of the company

Indicate whether the statement is true or false

Business

Great Tans, Inc., uses, in its radio ads, a recording by Holly, who owns the rights, without paying for the use. Over time, the song comes to be associated with Great Tans. In Holly's suit against Great Tans, the firm is most likely liable for

A. appropriation. B. conversion. C. wrongful interference with a customary relationship. D. none of the choices.

Business