In terms of a contract's enforcement, which of the following is true?
A. A contract is only considered valid if it is enforceable by both parties.
B. Parties may voluntarily perform a contract that is unenforceable.
C. An unenforceable contract allows at least one party the option to void his or her contract obligations.
D. Void contracts are enforceable in cases involving mutual mistake.
Answer: B
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Indicate whether the statement is true or false
An example of a(n) ______ is when Exxon and Mobil decided to come together as one to form the company Exxon-Mobil.
a. merger b. acquisition c. spinoff d. diversification
Answer the following statements true (T) or false (F)
1. You will strengthen your credibility by being clear with the audience about whether you are arguing for correlation or causation. 2. Since every audience member should suspend judgment, they will wait to judge you as a speaker and the persuasiveness of your argument until you are finished speaking. 3. Your audience will more likely comply with your requests if the costs are seen as low and the benefits are seen as high. 4. Instead of asking your audience to adopt the big-picture purpose, you can ask them to make small changes in their behavior. This is an example of micro changes. 5. The social judgment strategy maintains that people can be persuaded on a topic by being convinced to accept changes that are close to their already held beliefs.
A company's strategic plan
A. focuses on offering a more appealing product than rivals. B. lists methods of making money in its chosen business. C. maps out the company's history. D. outlines the competitive moves and approaches to be used in achieving the desired business results. E. links the company's financial targets to control mechanisms.