Discuss the concept of consideration
Consideration is anything that someone might want to bargain for. It is a required element of a contract and distinguishes contracts from gifts. Normally consideration is either doing or promising to do something you are not legally required to do (sell my car) or refraining from doing something you are legally entitled to do (drink if over 21).
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Which of the following statements is most likely true about products and product knowledge?
A) Knowledge of a company's history is essential to selling that company's product. B) Product knowledge is not as important as selling technique for a professional salesperson. C) Knowledge of one's product or service is not important in all areas of professional selling. D) The extensive variety of available products in the market complicates the buying process. E) Salespeople who learn and impart too much product knowledge hinder the buying process.
Bejukistan Laboratories Inc. has a national competitive advantage in the pharmaceutical industry. This means that the country
A. has low levels of competition, providing other multinational companies with an opportunity to take over the pharmaceutical industry. B. is a world leader in the pharmaceutical industry. C. has nationalized the pharmaceutical industry. D. is a potential foreign market for multinational pharmaceutical companies to sell their products.
When an enterprise has made false and deceptive statements in advertising, the FTC may require new advertising to correct the former statement so that consumers are aware of the truth. This corrective advertising required by the FTC is also called __________ advertising
A) retractive B) redactive C) retroactive D) refractive
IPsec is used for ________ VPNs
A) remote-access B) site-to-site C) both A and B D) neither A nor B