A successful defense against a product liability case is typically expensive in terms of legal fees
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following best explains why marketers are attracted to the BRIC countries?
A) These countries have long-established upper classes that form a strong market for luxury goods. B) These countries are quickly moving from being least developed to developing countries. C) These countries have masses of consumers who are not yet wealthy but are quickly moving to economic prosperity. D) These countries offer large markets with no language or cultural barriers. E) These countries wield the most power in the Group of Eight.
At minimum, a channel of distribution consists of a producer and a(n) ________
A) wholesaler B) agent C) broker D) intermediary E) customer
An excessive price for the goods and unequal bargaining power can indicate to a court that a sales contract is unconscionable.
Answer the following statement true (T) or false (F)
Limited liability is a major advantage of a partnership as compared to a corporation
a. True b. False Indicate whether the statement is true or false