Trey, a full-time college student, sold his car to Don, another student. In the performance of this contract, Trey:
a. has a duty of good faith which means honesty in fact and the exercise of good judgment.
b. has a duty of good faith which means honesty in fact.
c. has a duty of good faith which means honesty in fact and the exercise of reasonable commercial standards of fair dealing.
d. does not have a duty of good faith.
b
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______ is the personality dimension that describes how intellectual, imaginative, curious, and broad-minded a person is.
A. Inquisitiveness B. Openness to experience C. Emotional stability D. Extroversion E. Inventiveness
In ________, the basic home-market communications strategy is retained while the product is changed to local use or preference conditions
A) dual extension B) mono adaption C) product extension/communication adaptation D) product adaptation/communication extension
Which of the following is true about market share?
A) Outside forces affect all companies in the same way. B) A company's performance should be judged against the average performance of all companies. C) A decline in market share does not necessarily mean the company is performing worse than are other companies. D) A decline in market share cannot be deliberately engineered. E) All shifts in market share have marketing significance.
While assessing the risks of material misstatement, auditors identify risks, relate risk to what could go wrong, consider the magnitude of risks, and:
A. Consider the complexity of the transactions involved. B. Assess the risk of misstatements due to illegal acts. C. Determine materiality levels. D. Consider the likelihood that the risks could result in material misstatements.