High purchase prices may create feelings of pleasure and excitement in consumers.
Answer the following statement true (T) or false (F)
True
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The major outcome of a business agreement based on reciprocity is a mutual exchange of benefits
Indicate whether the statement is true or false
______norms in work groups specify such things as what methods and channels of communication are important and the level of individual effort expected, and they also provide group members with explicit guidance as to how to accomplish the task.
Fill in the blank(s) with the appropriate word(s).
In Thayer v. Hollinger, Hollinger owned land next to lakeshore lots that he developed. He shared a common road with the lakeshore lot owners who used trails on his property that were accessed from the road. Hollinger claimed he could block use of the trails. The lot owners claimed an easement to use the trails. The courts held that:
a. Hollinger granted the lot owners an easement as part of the sale of the land, which included use of the road and trails leading from the road b. Hollinger could not block access to the trails without permission of the lot owners because they had used the trails for so many years c. the lot owners had an easement by adverse possession that allowed use of the trails as they openly used the trails for more than seven years d. the lot owners could establish easements by adverse possession to use the trail if they showed open use of the trails for at least seven years e. none of the other choices
Spot buying refers to the purchase of goods and services according to a schedule, usually at prevailing market prices that are determined by supply and demand
Indicate whether the statement is true or false