Monumental, Inc. contracts with Champion Builders to erect a three-story office building on a parcel of land it has purchased. Before construction begins, the local zoning board changes the zoning of the parcel and those adjoining it to residential use only. Monumental's contract with Champion is discharged.
a. true
b. false
a. true
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Fence Patrol has developed an entirely new mounting system for chain link fences. Although it is a local company, through the acquisition of a distributor Fence Patrol now has the ability to market its products nationwide
Which of the following is a promotion question that managers at Fence Patrol should address as they create a marketing mix for new international markets? A) What is the average local price for chain link fences? B) How does the target audience feel about the quality of chain link fences currently on the market? C) What message about Fence Patrol's chain link fences is most likely to connect with the target? D) Will wholesalers or retailers be the primary sources for Fence Patrol products in new markets? E) What will the target in each country be willing to pay for Fence Patrol products?
The function concerned with transforming resource inputs into product outputs is ______.
a. operations b. production c. assembly d. development
The step of the personal selling process in which a salesperson contacts a potential customer is called
A. making the presentation. B. cold calling. C. the preapproach. D. the approach. E. prospecting.
In Japan, 90-day securities have a 4% annualized return and 180-day securities have a 5% annualized return. In the United States, 90-day securities have a 4% annualized return and 180-day securities have an annualized return of 4.5%. All securities are of equal risk, and Japanese securities are denominated in terms of the Japanese yen. Assuming that interest rate parity holds in all markets, which of the following statements is most CORRECT?
A. The yen-dollar spot exchange rate equals the yen-dollar exchange rate in the 90-day forward market. B. The yen-dollar spot exchange rate equals the yen-dollar exchange rate in the 180-day forward market. C. The yen-dollar exchange rate in the 90-day forward market equals the yen-dollar exchange rate in the 180-day forward market. D. The yen-dollar exchange rate in the 180-day forward market equals the yen-dollar exchange rate in the 90-day spot market. E. The relationship between spot and forward interest rates cannot be inferred.