Use of the word consideration in an agreement means that consideration has been given.

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


False

Business

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Based on Exhibit 1.7, which of the following is NOT a way in which U.S. law promotes consumer welfare?

a. Collect taxes and spend money b. Promote sale of safe products and services c. Facilitate innovative products and services d. Prevent deceptive practices

Business

Tom is planning to build a home. He is weighing many factors, including construction materials, location, and other considerations

Which of the following statements is true with regard to homeowners insurance and Tom's new home? A) The higher the construction costs are in the area, the lower Tom's homeowners insurance premiums will be. B) The lower the homeowners deductible selected, the lower the premium will be. C) Older homes cost more to insure than newer homes. D) A wood frame home costs less to insure than a brick home.

Business

The service level is the probability that:

A) the inventory will meet demand. B) the inventory available during lead time will meet demand. C) the inventory available during lead time will not meet demand. D) the inventory will not meet demand.

Business

Some leading-edge companies are applying the prosumer concept. Here, firms team up with their suppliers and alliance partners to satisfy their customer needs.

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

Business