In a bilateral contract, if one party is not bound, neither party is bound
Indicate whether the statement is true or false
True
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The training of field workers is critical. Which of the following statements is not true regarding making the initial contact?
A) Interviewers should be trained to make opening remarks that will convince potential respondents that their participation is important. B) The interviewer should specifically ask the respondent's permission. C) The interviewer should be instructed on handling objections and refusals. D) The initial contact can result in cooperation or the loss of potential respondents.
A void contract is a contract that at its formation has an illegal object or serious defects
Indicate whether the statement is true or false
You are considering investing in a project with the following year-end after-tax cash flows:
Year 1: $57,000 Year 2: $72,000 Year 3: $78,000 If the initial outlay for the project is $185,000, compute the project's internal rate of return. A) 3.98% B) 5.54% C) 14.74% D) 11.89%
CenturyLink attracts residential customers by setting one monthly fee for high-speed Internet, cable TV, and long-distance phone services that is $40 less than the price of purchasing these three services separately. This is an example ofÂ
A. reference pricing. B. price lining. C. demand-backward pricing D. bundling E. leader pricing