Even if the terms of a contract express such certainty of performance that the promisor has not definitely promised to do anything, the promise binds the promisor

Indicate whether the statement is true or false


F

Business

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A new product is advertised on the "infomercials" as being "the best cleaner money can buy" and "if not completely satisfied, return the product for a full refund, including shipping

" The strategy of using a strong guarantee in this instance is sound because ________. A) it is an example of a misleading or false advertising and is illegal B) the product is so superior to competition that there will be no claims for refunds C) it is just "advertising fluff" and the manufacturer has no intentions of refunding money D) for a product that is not too well known, it is "good advertising" because the claims will be a small percentage of sales E) for a product that is not too well known it reduces the buyer's risk in purchasing

Business

By the late 1940s, on which aspect of leadership did the majority of research focus?

a. analyzing their traits rather than on their behavior b. the behavior of leaders rather than on analyzing their traits c. the outcomes of their decisions rather than how they arrived at their decisions d. the methods used to achieve their decisions rather than the outcomes of their decisions

Business

The periodic inventory system requires updating the inventory account only at the end of the period.

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

Business

Which of the following is true regarding the summary-of-benefits close?

A. The SELL sequence and FAB statements can be utilized. B. It is not a straightforward method to close an industrial sale. C. It cannot be used easily as it involves a complex process. D. It is infrequently used by salespeople. E. It aims at a specific prospect's personality.

Business