Privity of contract is a contract with an express warranty

a. True
b. False
Indicate whether the statement is true or false


False

Business

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In relation to the Takings Clause, public use has been held to be synonymous with public purpose

a. True b. False Indicate whether the statement is true or false

Business

Ray and Strip Mines, Inc., enter into a contract for a sale of the coal beneath Ray's land for a fraction of the value of the coal and the cost to restore the land. A court is most likely to determine that this deal is unfair under

A. the concept of unconscionability. B. the doctrine of promissory estoppel. C. the principle of freedom of contract. D. the Statute of Frauds.

Business

A benefit of corporations is that they are free from double taxation.

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

Business

The Roulette Corporation, a video game manufacturer, sets a single price for a set of 5 video games, a video game console, and a pair of speakers. This pricing strategy is called

A. bid pricing. B. full-line pricing. C. product-bundle pricing. D. complementary product pricing. E. psychological pricing.

Business