State the steps in determining law based on the sociological school of law

What will be an ideal response?


Followers of the sociological school propose three steps in determining law:
1. A legislator or a judge should make an inventory of community interests.
2. Judges and legislators should use this inventory to familiarize themselves with the community's standards and mores.
3. The judge or legislator should rule or legislate in conformity with those standards and mores.

Business

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Canned tuna fish is most likely to have:

A) high promotional elasticity and high holding cost. B) high promotional elasticity and low holding cost. C) low promotional elasticity and high holding cost. D) low promotional elasticity and low holding cost.

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Factors such as a firm's objectives, procedures, and systems are examples of ________ influences on the business buyer behavior

A) political B) interpersonal C) technological D) organizational E) cultural

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Which of the following most accurately identifies the purpose of a marketing-mix model?

A) to identify the most appropriate target audience for a new product B) to evaluate the contribution that each component of a marketing program makes to market performance C) to identify the most effective media strategies to use to reach a target audience D) to evaluate the effect of supply and price on level of customer demand E) to select the most efficient marketing channels for a given product

Business

________ is the process of allocating the cost of plant assets to the income statement over their expected useful lives.

Fill in the blank(s) with the appropriate word(s).

Business