Property consists of the legally protected rights and interest of a person in anything with an ascertainable value that is subject to ownership.?
Indicate whether the statement is true or false
True
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After the recession, economic reports are now indicating that people have begun to shift from a "cutting back" mentality to a slightly more optimistic "cautious spending" approach.
Answer the following statement true (T) or false (F)
A supermarket places its store brand of blackberry jam priced at $5 per jar in the fruit preserves aisle, alongside the jam jars of a better known brand—whose products are priced at $8 apiece
Store managers reason that customers are more likely to choose the store brand instead of the better-known brand when they realize the price difference. What price adjustment strategy is evident in the supermarket's reasoning? A) by-product pricing B) product bundle pricing C) captive product pricing D) psychological pricing E) seasonal pricing
A plaintiff sues in negligence but has no direct proof that the defendant behaved unreasonably. Which of the following is most likely to help the plaintiff?
a. Res judicata. b. Stare decisis. c. Res ipsa loquitur. d. Mens rea.
Midway Corporation is incorporated in Delaware, but it has its principal place of business in Minnesota. It does much of its business in California. For purposes of diversity of citizenship, Midway is a resident of:
A) Delaware. B) Minnesota. C) both Delaware and Minnesota. D) Delaware, Minnesota, and California.