An accord and satisfaction discharges an existing debt

Indicate whether the statement is true or false


True

Business

You might also like to view...

Which of the following markets is most likely to be characterized by oligopolistic competition in the United States?

A. soybeans B. men's clothing C. pens and pencils D. electrical service to the home E. smartphone service providers

Business

Racketeering acts under RICO include theft, burglary, and arson

Indicate whether the statement is true or false

Business

Carbon Automotive manufactures engines for different cars. The company supplies its products to leading car manufacturers in Europe and America. Which of the following statements indicates that Carbon has high bargaining power?

A) Carbon has only four customers and all of them are large companies. B) Carbon's customers do not expect differentiation in its engines from one vehicle to another. C) The selling point of many cars is that they contain Carbon engines. D) The automobile industry in the U.S. is characterized by low levels of competition.

Business

A disadvantage of exporting is that

A. it does not provide scale economies. B. it is the most expensive method of expanding globally. C. the company may face tariff barriers. D. the company risks losing control of its intellectual property. E. it is inconsistent with a pure global strategy.

Business