An intended third party beneficiary cannot enforce the contract against the original parties once the rights of the third party have vested
Indicate whether the statement is true or false
False
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Which of the following is NOT a reason why manufacturers must align capacity with projected demand on a global basis?
a. globalization of supply chains b. scarcity of supply c. uncertain demand d. ISO certification requirements
Exclusive distribution
A. usually involves intermediaries who are willing to take over all responsibility for promoting the producer's product. B. should generally be used only if it is not possible to generate intermediary interest in intensive distribution. C. is an arrangement between a producer and intermediary that is illegal for most types of products in the United States; thus it is not very common. D. is legal as long as it does not involve vertical channel arrangements. E. None of these answers is correct.
A ____ is responsible for a product, product line, or several distinct products in an interrelated group within an organization.
A. product marketer B. brand manager C. market manager D. product manager E. line manager
LARC Salon is part of the hair and personal care service industry. In what type of competitive environment is LARC Salon most likely operating?
A. pure competition. B. a monopoly. C. monopolistic competition. D. oligopolistic competition. E. an oligopoly.