A corporation that is technically defective but that is formed in good faith and exercises corporate power is known as a de jure corporation
a. True
b. False
Indicate whether the statement is true or false
False
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Sometimes it is preferable to market to a particular age group rather than a mind-set; in such an instance, psychographic studies can help marketers arrive at a deeper understanding of consumer behavior than is possible with traditional segmentation
variables. Indicate whether the statement is true or false
What is the output for a process that has a takt time of 1.25 minutes per unit?
What will be an ideal response?
Which of the following statements about hold-harmless agreements is correct?
A) Hold-harmless agreements create moral hazard. B) In a hold-harmless agreement, a party assumes a second party's financial responsibility in the case of a loss. C) Hold-harmless agreements are created after a loss occurs. D) All of the above are incorrect.
Suess signed a contract which included a covenant not to compete with his employer for a year if he left the firm. When Suess quit, he went into competition with his former employer and was sued. He argued that the covenant was not valid. The court held:
a. Suess was right, such covenants are void under federal law b. in all states, such covenants violate public policy c. such covenant are unconscionable in all states d. the covenant was not backed up by consideration, so there was no contract to be violated e. none of the other choices