Oral contracts
a. are unenforceable.
b. are just as valid as written contracts.
c. for the sale of real property are valid.
d. are easier to prove in court than are written contracts.
B
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Decision paralysis occurs when leaders fail to execute a crisis communications plan in a swift manner, such as during the shootings at Virginia Tech
Indicate whether the statement is true or false
Two sisters each open IRAs in 2011 and plan to invest $3,000 per year for the next 30 years. Mary
makes her first deposit on January 1, 2011, and will make all future deposits on the first day of the year. Jane makes her first deposit on December 31, 2011, and will continue to make her annual deposits on the last day of each year. At the end of 30 years, the difference in the value of the IRAs (rounded to the nearest dollar), assuming an interest rate of 7% per year, will be A) $19,837. B) $6,300. C) $12,456. D) $210.
Business format franchising is best illustrated by the system offered by
A. Goodyear Tires. B. Coca-Cola. C. Subway. D. Dr. Pepper.
Revenue management systems (RMS):
a. consist of standard and static methods to forecast demand. b. rely solely on overbooking. c. are cost minimization models. d. maximize the revenue generated by a perishable asset.