In Griffith v. Clear Lakes Trout, Griffith grew trout for Clear Lakes; the parties got into a dispute over what were "market size" trout, as Clear Lakes wanted larger fish. The court held that:
a. the parties' previous dealings were insufficient to show agreement
b. since there was no written definition of "market size," Clear Lakes was not liable for breach of contract
c. since there was a written contract specifying "market size" as 12 to 16 ounces, Clear Lakes was liable for breach of contract
d. Griffith did not have a case because there was never a contract between the parties e. none of the other choices are correct
e
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Soraya Set Designs Inc., has received an award which entitles it to receive annual payments of $10,000 at the end of each year for the next ten years. Which of the following tables is used to calculate today's value of this award?
A) Present Value of $1 B) Present Value of an Ordinary Annuity of $1 C) Future Value of $1 D) Future Value of an Ordinary Annuity of $1
What are the three criteria used in patronage selection?
What will be an ideal response?
Fred E. Fiedler’s fit of the leader to the situation approach is called the ____ theory.
a. Fiedler's LPC theory b. Fiedler's Lock and key theory c. Fiedler's perfect fit theory d. Fiedler's key-hole theory
Scenario 1.2 Use the following to answer the questions. Paws and Claws Hotel is a full-service pet salon and boarding kennel. Paws and Claws has an interactive website where customers can directly book a grooming appointment, obedience class, or overnight accommodations for their dog or cat. Paws and Claws has several unexpected services, such as a 600-square-foot swimming pool, complete with slide and dog-friendly graduated steps to help them exit the pool. Customers can also drop their dog or cat off each morning for pet day care. Paws and Claws has a pick-up and delivery service, webcams in every kennel so that pet families can view their pets while away, and pet "furniture" so that the cats and dogs can lie on sofas just like at home. Paws and Claws is also open 24 hours a day, 365
days each year so that customers can pick up their pet at any time. The cost for an overnight stay at Paws and Claws averages $50, compared to competing kennels at about $30. The day care costs are $25 for either a dog or cat. The majority of Paws and Claws' competitors don't offer the day care service, and require a two-day minimum for overnight stays. Informal discussions with customers led to the addition of pet day care and 24-hour hours of operation. Previously, Paws and Claws was more interested in competing based on its prices. Refer to Scenario 1.2. Previously, Paws and Claws was most likely using a ____ orientation, while now it is now in the process of employing the _______. A. sales; marketing concept. B. sales; marketing mix. C. promotion; marketing concept. D. sales; promotion orientation. E. sales; product orientation.