Contracts binding without consideration include promises to pay debts barred by a statute of limitations and debts discharged in bankruptcy
a. True
b. False
Indicate whether the statement is true or false
True
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As the marketing manager of a company that manufactures floor tiles, Evans Smith is given a target to achieve 500 new customers by the end of summer
He decides to search the market for probable customers who might use the product but do not at present. Which of the following strategies is Evans pursuing to increase the market demand for his product? A) market-penetration strategy B) new-market segment strategy C) geographical-expansion strategy D) needs-assessment strategy E) consolidation strategy
An advantage of social media monitoring is individuals who may not fill out surveys or agree to focus groups might nevertheless share their experiences with online social networks.
Answer the following statement true (T) or false (F)
Past consideration is valid but future consideration is not valid consideration in contract law
Indicate whether the statement is true or false
Using the data in Table M2-5, determine the optimal distance of stage 2
A) 10 B) 7 C) 8 D) 11 E) None of the above