In a written contract, Sheldon agreed to tutor the children of Mrs. Smith for a certain period of time. However, Sheldon, prior to starting classes, announced that he would not be able to tutor the children due to other commitments of his. In this case, there has been a(n):
A) anticipatory breach
B) rescission.
C) negligent breach.
D) malpractice.
A
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Horizontal price-fixing:
A. can be legally justified if there was a direct agreement between competitors. B. occurs when the manufacturer gets the retailer to agree to follow the suggested retail price. C. is also called resale price maintenance. D. is an attempt by competitors to interfere with the market and control prices.
Answer the following statement(s) true (T) or false (F)
1. An attribute is a characteristic of the entity in a relational database. 2. Data mining involves visually analyzing large data sets to identify recurring relationships. 3. A data warehouse is a special type of database that is optimized for reporting and analysis and is the raw material for management’s decision support system. 4. Attributes represent a single data element or characteristic of the data table.
Reseller markets consist of intermediaries that buy finished goods and resell them for profit.
Answer the following statement true (T) or false (F)
____ adds time and place utility to a product by moving it from where it is made to where it is purchased and used.
A. Warehousing B. Containerization C. Distribution D. Materials handling E. Transportation