A party to an illegal agreement generally cannot recover damages for breach of the agreement, recover consideration given to the other party, or recover in quasi contract for benefits conferred on the other party.

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


True

Business

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________ is the process by which a company compares its performance with that of high-performing organizations.

A. Trend analysis B. Synergy C. Contingency planning D. Forecasting E. Benchmarking

Business

Noncumulative preferred stock is entitled to all dividends, even if they are in the arrears

Indicate whether the statement is true or false

Business

Winning a sustainable competitive edge over competitors does not hinge on which of the following?

A. building competitively valuable expertise and capabilities not readily matched, and offering distinctive products B. having a distinctive competitive product offering C. building experience, know-how, and specialized capabilities that have been perfected over a long period of time D. building products and distributing them at low prices to a broad customer base irrespective of manufacturing cost E. having  hard-to-beat capabilities and impressive product innovation

Business

In a case in which a buyer purchases goods from a thief who has stolen them, the purchaser does not acquire title to the goods.

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

Business