Which of the following exemplifies a service?
A) candy
B) laptop
C) retail
D) car
E) laundry detergent
C
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Marvin is driving when he has an accident. Robin, who is driving behind him, sees the accident and stops to help. She pulls Marvin from the burning car and administers CPR, saving his life. Marvin is a wealthy landowner and wants to reward Robin, so he gives her a home with the understanding that when she dies, the home will go back to Marvin or, if Marvin is deceased, to Marvin's heirs. Marvin has granted Robin a
A. fee simple defeasible. B. fee simple. C. fee tail. D. life estate.
Which of the following is true of licensing as a form of global market entry?
A) A company can expand its market reach with almost no capital or marketing costs. B) It allows a licensor to directly involve in the overseas market and user's needs. C) It can restrict the growth of domestic competitors in an overseas market. D) A company's resources cannot be exploited by another company.
As a way of helping American firms trade in the world market, U.S. trade law provides antitrust exemptions for horizontal combinations of American firms engaged solely in export trade. Such firms are permitted to form
a. export trade associations. b. domestic international sales corporations. c. export-import banks. d. commodity sales corporations.
What factors determine compensation?
What will be an ideal response?