In the case of Retail Sales Corp v. Trucking Delivery Co, the court may rule contrary to a precedent if the court decides that the precedent

a. is incorrect or inapplicable.
b. is not in line with the judge's personal values.
c. would lead to unintended consequences.
d. would not bring about the result the judge prefers.


A

Business

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Which of the following statements supports the sales driven approach to the marketplace?

A) Profit maximization is the ultimate motive of a business. B) A superior product can drive the sales in a company. C) Market capitalization is the ultimate motive of a business. D) Sales and profit maximization are dependent on customer value.

Business

What damages are recoverable in a case of promissory estoppel?

A) profits that the promisor expected B) profits that the promisee expected C) an amount necessary to restore the promisee to the position he or she would have been in had the promisee not relied on the promise D) an amount necessary to restore the promisor to the position he or she would have been in had the promisor not relied on the promise

Business

The loss reporting mechanism for Subchapter S corporations is most like: A)?A partnership

B)?A corporation. C)?A REIT. D)?None of the above

Business

Should entrepreneurs accept proposals from the first venture capitalist that offers?

What will be an ideal response?

Business