The second level of courts in the federal court system is made up of the U.S. ________
A) district courts
B) courts of appeal
C) courts of last resort
D) superior courts
B
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Martinson entered into a contract to purchase a used fax machine from Gruber for $550 . Martinson, who did not sign the agreement, changed his mind and refused to buy the fax machine from Gruber. Can Gruber legally enforce the contract?
a. No; the sale was for less than $600. b. No; Martinson did not sign the contract. c. Yes; Gruber signed the contract. d. Yes; the sale contained all the elements of a contract.
Any contract entered into by a corporation that goes beyond its powers is called an ultra vires contract
Indicate whether the statement is true or false
A) a legal request for how your estate should be distributed upon your death B) a document that specifies changes in an existing will C) dying without a will
D) persons specified in a will to receive part of an estate E) a will suitable for a smaller estate distributed to the spouse F) the legal process that declares a will valid and ensures orderly distribution of assets G) the person designated in a will to execute instructions regarding the distribution of your assets 47) will 48) beneficiaries 49) probate 50) executor 51) simple will 52) codicil 53) intestate What will be an ideal response?
Market segments refer to
A. all buyers of a product or service who have previously purchased a particular firm's products or services and who intend to repeat that purchase sometime in the future. B. the relatively homogenous groups of prospective buyers that result from the market segmentation process. C. all potential buyers of a product or service who intend to purchase a firm's products or services but who have not yet done so. D. the relatively heterogeneous groups of prospective buyers that result from the market segmentation process. E. the smallest number of buyers that have similar needs but do not react similarly in a buying situation.