An agreement in which parties intend to form a valid bargain, but a court declares that some rule of law prevents enforcing it is called

a. a void agreement.
b. a voidable contract.
c. an unenforceable agreement.
d. a quasi-contract.


c

Business

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When considering the Four Ps in international marketing, advocates of ________ focus on the unique characteristics of cultures and argue for products and promotional messages tailored to each culture

A) nationalization B) standardization C) localization D) expropriation E) ethnocentricism

Business

The management accountant at Morrison, Inc. provided the following estimated costs for producing 2,500 units of a specialty product manufactured by the firm:The company believes that direct labor hours are the most appropriate cost driver for assigning overhead costs to its product.Required:1) Compute the predetermined overhead rate for this company.2) Compute the specialty product's total estimated cost per unit.3) Why do firms assign overhead costs using a predetermined overhead rate instead of assigning actual costs?

What will be an ideal response?

Business

The plural form of the courtesy title "Dr." is "Drs."

Indicate whether the statement is true or false

Business

Under an implied warranty, consumers have a right to demand their money back if they are dissatisfied with the product for any reason

Indicate whether the statement is true or false

Business