Claudia sells her highly successful hair salon to Carl. In the sales contract, Claudia agrees never to open a hair salon in the state. Which of the following best describes this contract clause?
A) Void as an illegal primary restraint
B) Valid as a reasonable restraint on trade
C) An unenforceable restraint of trade contrary to public policy
D) Binding as fair protection
C
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Charriott sells a single product at $14 per unit. The firm's most recent income statement revealed unit sales of 80,000, variable costs of $800,000, and fixed costs of $560,000. Management believes that a $3 drop in selling price will boost unit sales volume by 20%. Which of the following correctly depicts how these two changes will affect the company's break-even point? Drop in Sales PriceIncrease in Sales VolumeA.IncreaseIncreaseB.IncreaseDecreaseC.IncreaseNo effectD.DecreaseIncreaseE.DecreaseDecrease
A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E
There are two general paths by which people are persuaded: the ________ route and the peripheral route.
Fill in the blank(s) with the appropriate word(s).
According to critics, large marketing companies use patents and heavy promotion spending to ________
A) acquire smaller companies B) offset too many social costs C) prevent industry competition D) achieve economies of scale E) offset cultural pollution
If presented in too straightforward a manner, the logical reasoning presentation may be too blunt.
Answer the following statement true (T) or false (F)