Without promotion, unsought products will probably stay unsold.
Answer the following statement true (T) or false (F)
True
Unsought products are products that potential customers don't yet want or know they can buy, so they don't search for them at all. In fact, consumers probably won't buy these products if they see them, unless promotion can show their value.
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Higher unemployment rates usually mean more dissatisfied employees in the workforce.
Answer the following statement true (T) or false (F)
Which of the following statements does not describe international franchising?
a. The franchisee pays royalties and fees to the franchisor. b. It usually takes the form of a wholly owned foreign subsidiary. c. It is generally used in retail. d. The franchisee may use the franchisor's intellectual property.
Under the CISG, if the seller fails to perform any of his obligations under the contract or the CISG, the buyer may require the seller to perform or may fix an additional reasonable period of time for the seller to perform
Indicate whether the statement is true or false
A third party beneficiary's status occurs:
A. after an assignment and delegation. B. when the third party is informed of the contract. C. when the third party beneficiary agrees to the contract terms. D. when the contract is created.