Inferior Company sells products that are poorly made. Jock, who has never bought an Inferior product, files a suit against Inferior, alleging that its products are defective. The firm's best ground for dismissal of the suit is that Jock does not have

A. certiorari.
B. jurisdiction.
C. standing.
D. sufficient minimum contacts.


Answer: C

Business

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You receive a memo that reads as follows: “In recent months, our customer evaluations have dropped, and our sales have decreased by 10 percent. To restore our business, we will do the following: (1) We will contact all of our customers and offer a 10 percent discount on their next purchase. (2) For the customers who spend more than $1,000 per year, we will invite them to join our Insiders’ Club, which gives them discounted tickets to concerts and sporting events. (3) Effective immediately, we will begin staffing our call center 24 hours a day, 7 days a week. (4) Customer-service personnel will be given more discretion in helping customers resolve problems, with minimal interference from supervisors.” This memo is a(n)

A. mission statement. B. VRIO analysis. C. business model. D. action plan. E. a SMART goal.

Business

If the December 31, 2016, balance of accounts payable is higher than the January 1, 2016, balance, then the amount of cash payments will exceed the purchases on account for the year

a. True b. False Indicate whether the statement is true or false

Business

The difference between the assets invested and the liabilities assumed by the partnership is each partner's investment

Indicate whether the statement is true or false

Business

Briefly define risk propensity and explain how it influences negotiator behavior.

What will be an ideal response?

Business