If a 16-year-old buys a car, uses it for six months, then decides to disaffirm the contract to buy the car on a three- year payment plan, the contract is voidable

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


True

Business

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The Ben Franklin method of closing a sale is used to list only the advantages of the product or service, not the disadvantages.

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

Business

_________ are exchanges of messages about a particular topic using e-mail, professional blog space, and other electronic tools to encourage participation that will ideally lead to new ideas, strategic planning, and sound decision making.

a. Blogs b. E-mail dialogues c. Listservs d. none of the above

Business

What is the final stage of the consumer buying decision process?

What will be an ideal response?

Business

Which of following practices of a firm satisfies its ethical responsibilities?

A. using advertising and other forms of promotion to endorse luxurious lifestyles B. outsourcing production to a less developed country and paying wages that are below its own country's accepted minimum wages C. using plastic as the packaging material though it is harmful to the environment, yet legal D. selling vaccines at a subsidized price in a less developed country even though this results in reduced shareholder returns

Business