Chris, a minor, signs a contract to purchase alcoholic beverages for Dine & Drink, his parents' restaurant. The contract is?
A)?valid but may be disaffirmed
B)?valid but may not be disaffirmed.
C)?void as a matter of law.
D)?void unless it is also signed by Edie, the manager of Dine & Drink.
C
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The stimulus-response model of buyer behavior assumes a prospect will respond in some unpredictable manner to a sales presentation.
Answer the following statement true (T) or false (F)
One of the most telling signs of whether a company's market position is strong or precarious is
A. whether it has a lower stock price than key rivals. B. the opinions of buyers regarding which seller has the best product quality and customer service. C. whether it is in a bigger or smaller strategic group than its closest rivals. D. whether its product is strongly or weakly differentiated from rivals. E. whether its prices and costs are competitive with those of key rivals.
Resources provide competitive advantage only under certain circumstances, including when they are
A. difficult to imitate. B. sequential. C. expensive. D. archival. E. equally available.
In product-based tailored sourcing, low-volume products with uncertain demand are obtained from a flexible source, while high-volume products with less demand uncertainty are obtained from an efficient source
Indicate whether the statement is true or false.