iTunes has a(n) _____ as they have exclusive agreements with some of the most sought after music corporations that other digital music stores do not have.
A. targeted market position
B. sustainable competitive advantage
C. strategic focus
D. situational strength
E. opportunistic privilege
Answer: B
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When responding to a competitive proposal, how can a company be sure they are submitting what the audience wants?
A) By utilizing information in the RFP B) By meeting with the audience to determine need C) By meeting with competitors to see what they are including D) By responding with a proposal developed based on past experience E) By developing a proposal that includes the lowest cost possible for the audience
The ________ establishes uniform legal rules for the formation and enforcement of electronic contracts and licenses
A) common law of contracts B) Restatement of the Law of Contracts C) Uniform Computer Information Transactions Act D) Uniform Commercial Code
The implied warranty of fitness for human consumption applies to vending machines
Indicate whether the statement is true or false
Which of the following refers to unconscionability under the Uniform Commercial Code?
A) The seller was not aware of the defect at the time of purchase. B) The plaintiff is a minor. C) The contract clause is grossly unfair. D) The lawsuit was brought after the expiration date of the statute of repose.