One way that lower power parties can deal with the big players in business deals and partnerships is by limiting the ways you can do business or limiting whom you can do business with. This is an example of which piece of advice?

A. build momentum by doing deals in sequence
B. never do an all-or-nothing deal
C. constrain yourself
D. make yourself bigger


Answer: C

Business

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Companies that pursue a leading strategy ______.

A. increase their capacity in anticipation of future increase in demand B. increase their capacity in anticipation of future decrease in demand C. increase their capacity to avoid waste of excess raw materials that they already have D. decrease their capacity in anticipation of future increase in demand

Business

In which of the following situations would a minor be unable to disaffirm a contract which he had made?

a. Upon restoring the consideration received in a situation involving a fully executed contract. b. Where real property is involved, upon reaching the age of majority. c. During the time of his minority or for a reasonable time thereafter. d. Where the minor wishes to perform part of a contract and disaffirm another part of the same contract.

Business

The fiduciary duty of an agent has no bearing upon his ability to act on behalf of a competitor of his principal

a. True b. False Indicate whether the statement is true or false

Business

Insurance policies cannot be assigned before a loss occurs without the insurer's permission

Indicate whether the statement is true or false

Business