Marketing communications in almost every medium and form have been on the rise, and some consumers feel they are increasingly invasive
Indicate whether the statement is true or false
TRUE
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All of the following hedges are used for future purchase/sale transactions except:
A. Option contract cash flow hedge of a forecasted transaction. B. Forward contracts used as a fair value hedge of a firm commitment. C. Forward contracts used to hedge a foreign currency denominated liability. D. Forward contract cash flow hedges of a forecasted transaction. E. Options used as a fair value hedge of a firm commitment.
When the salesperson says to the new prospective customer, "I believe my company sells the best mattresses and that you can't find any better," it is an example of:
A. a statement of fact. B. a breach of warranty. C. sales puffery. D. an illegal act. E. price discrimination.
A preexisting duty ________ consideration to support a new contract.
A. is sufficient B. in government contracts can be sufficient C. between family members is sufficient D. is not sufficient
Edie needs $1,500 to buy textbooks and other school supplies. Frank agrees to loan Edie $1,500, accepting as collateral Edie's car. They put their agreement in writing and sign it. Edie keeps possession of the car. Does Frank have an enforceable security interest? How can Frank let other creditors know of his interest in the car?
What will be an ideal response?