Acceptance occurs if the buyer resells the goods delivered by the seller
Indicate whether the statement is true or false
TRUE
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In the context of the legal and ethical dimensions of business conduct,providing rock-bottom prices only to distributors in underserved areas is _____.
A. illegal and unethical B. legal but unethical C. legal and ethical D. illegal but ethical
The two types of stock a company can sell are
A. asset and convertible. B. preferred and standard. C. common and class. D. equity and asset. E. preferred and common.
Performance. Steven McPheters, a house builder and developer, hired Terry Tentinger, who did business as New Horizon Construction, to do some touching up and repainting on one of McPheters's new houses. Tentinger worked two days, billed McPheters $420
(a three-man crew for fourteen hours at $30 per hour), and offered to return to the house to remedy any defects in his workmanship at no cost. McPheters objected to the number of hours on the bill—although he did not express dissatisfaction with the work—and offered Tentinger $250. Tentinger refused to accept this amount and filed a suit in an Idaho state court to collect the full amount. McPheters filed a counterclaim, alleging that Tentinger failed to perform the job in a workmanlike manner, resulting in $2,500 in damages, which it would cost $500 to repair. Tentinger's witnesses testified that although some touch up work needed to be done, the job had been performed in a workmanlike manner. McPheters presented testimony indicating that the workmanship was so defective as to render it commercially unreasonable. On what basis could the court rule in Tentinger's favor? Explain fully.
Which of the following statements about market segmentation for organizational markets is most accurate?
A. Consumer markets use market segmentation criteria while organizational markets do not. B. The greatest difference in market segmentation strategies between consumer and organizational markets is the number of employees employed in the segmentation process. C. Criteria for segmenting markets are the same whether the market is composed of consumers or organizations. D. Both consumer markets and organizational markets use demographic, geographic, and behavioral bases to segment markets. E. Psychographic criteria are just as important in segmenting organizational markets as they are in segmenting consumer markets.