Rollo promises to perform, for a price, shoe repair services in affiliation with Togs 'n Things, a clothing store. To support a contract, the consideration exchanged by the parties must be
A. adequately considerate.
B. equally valuable.
C. legally sufficient.
D. wisely priced.
Answer: C
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Which of the following statements is true about the probing method of obtaining commitment?
A. After successfully dealing with the prospect's concerns, the sales rep should avoid a follow-up and let the prospect think over what has just been said. B. This method is especially effective with Japanese and Arab business prospects. C. The salesperson should never begin by asking directly for a commitment. D. The salesperson should avoid attempts to resolve issues concerning the prospect. E. The rep should ask a series of questions designed to discover the reason for hesitation.
Wunderman and Epsilon are:
A) popular Internet auction sites in Japan. B) leading digital agencies. C) European companies with highly rated Web sites. D) competing standards for wireless connectivity. E) popular digital media products.
What is the acid-test ratio for a merchant with the following account balances? (Round your answer to two decimal places.)
A) 0.76
B) 0.43
C) 0.60
D) 0.83
Imagine that an employee is fired for committing an illegal act. The employer accurately explains the cause for the firing in an e-mail message. The court agrees the content of the e-mail is true; yet, it rules that the employee was libeled
Which longstanding belief would this ruling challenge? A) Written statements about people on behalf of the client are private. B) E-mail is an all-powerful communications vehicle. C) The employer must have acted with actual malice. D) Truth is a defense against libel.