A contract is a legally enforceable promise or set of promises.

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


True

Business

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A toy store owner hypothesizes that parents spend less than $100 on toys per visit to her store. This is:

A) an ordinary hypothesis B) a directional hypothesis C) a negative hypothesis D) a positive hypothesis E) an average hypothesis

Business

Cost-plus pricing ________

A) is a complex pricing method B) involves pricing that accurately reflects production costs C) involves adding a standard markup for profit D) aims at breaking even on the costs of making and marketing a product E) is a value-based pricing method

Business

Will it be advisable for Kodak to aggressively compete with Fuji on its home front, the Japanese market?

What will be an ideal response?

Business

Which item listed below is probably irrelevant (or poor) advice if you are trying to begin a credit record?

A) Have a telephone installed. B) Open a checking or savings account. C) Establish a record of paying all bills promptly with cash. D) Qualify for a small installment loan.

Business