Which of the following statements is true of fraud in the execution?
A) It occurs when a party intends to make a contract based on a false statement of terms.
B) It occurs when a party does not intend to sign a contract, as the nature of the writing is not understood.
C) It refers to a party forced to sign a contract under duress.
D)It occurs when a party signs a contract based on an innocent misrepresentation.
B
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Which of the following statements is true about customer promotion?
A) It comes directly to the customer from the manufacturer. B) It is directed at intermediate channels of distribution. C) It is an attempt to get the channels of distribution to stock more of a product. D) It is run by the channel, either to the next channel in the distribution chain or to final customers.
Firms with low P/E ratios tend to have current residual income that is greater than _____________________________________________
Fill in the blank(s) with correct word
Ann and Burt are partners in Delta Associates. Burt takes advantage of a partnership opportunity for personal gain that causes Delta's business to suffer. A court orders Burt to hold the profits in trust for the partnership. This is A) a constructive trust
B) an living trust. C) a resulting trust. D) a testamentary trust.
Explain the impact of private equity firm acquisition of manufacturing and retail firms