As a general rule, a unilateral mistake made at the time of contracting has an effect on the validity of a contract

Indicate whether the statement is true or false


False

Business

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When the strong dictatorial rule in Backenstein unexpectedly collapsed due to the shocking death of the royal family in an explosion, the nation's economy experienced drastic changes. The laws became more restrictive, the country lost many locally produced resources and products, and the distribution of wealth became inequitable. The unexpected event that led to these changes can best be described as a(n) ________ event.

A. miracle B. wild card C. black swan D. extinction

Business

Sales Discounts and Sales Returns and Allowances are subtracted in the calculation of net sales.

Answer the following statement true (T) or false (F)

Business

The foreman constantly nags the bricklayers to work faster. When the wall is finished, he stops nagging. This is an example of ________ reinforcement.

A. selective B. singular C. negative D. positive

Business

An organization must address certain key practices to achieve a strategic focus on performance excellence. Which of the following is NOT one of them?

a. Gather and analyze relevant data and information pertaining to such factors as the organizations strengths, weaknesses, opportunities, and threats b. Execute mergers and acquisitions, with an aim to expand business globally and to form coalitions and cartels to achieve the same c. Understand the competitive environment, the principal factors that determine success, the organization's core competencies, and strategic challenges d. Develop and refine a systematic approach for conducting strategic planning and setting strategic objectives

Business