A contract is bilateral contract if the offeror's promise is answered with the offeree's promise of acceptance
Indicate whether the statement is true or false
TRUE
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Which of the following best describes a market development strategy?
A. selling new products to existing markets B. selling existing products to new markets C. selling unrelated products to existing markets D. selling more of current products to existing markets E. selling new products to new markets
Which one of the following is a recommended way of dealing with difficult people? Give feedback
A) in a group setting. B) about the person's characteristics. C) about the person's behavior. D) about the person's values.
A firm that sets prices such that consumers will save 15 percent of their fuel costs by buying its products is employing
A. leader pricing. B. price lining. C. odd-even pricing. D. product-bundle pricing. E. value in use pricing.
A customer in a restaurant would be considered ________ to whom the restaurant owner owes a duty ________
A)a licensee; to warn of known dangers. B)an invitee; of reasonable care. C)a social guest; only to avoid intentionally injuring him. D)a licensee; of strict liability