"Raisin Bran" is not a trademark because it uses descriptive words for the product

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


False

Business

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One of the advantages of high differentiation is that even if many competitors follow the same strategy, differentiation still exists for all.

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

Business

All crises affecting a retailer can be anticipated

Indicate whether the statement is true or false

Business

McCann Construction purchased a poured concrete form from Advance Concrete Forms, Inc McCann purchased the concrete form by placing a phone call to Advance in Madison, Wisconsin. Advance delivered the concrete form with an invoice stating the terms of

the sale required payment within 30 days and a 1 1/2 % interest per month finance charge would be charged on accounts over 30 days. When McCann failed to pay the invoice on time, interest was charged according to this rate. Later, McCann refused to pay the accumulated interest charge, claiming there was not a meeting of the minds regarding the finance charge in any conversation prior to the sale. The trial court concluded that the finance charge was in fact an additional term added by Advance when it accepted McCann's purchase order. Discuss Uniform Commercial Code Section 2-207 in general and with regard to this situation. Does McCann owe the interest accrued?

Business

A person who has been determined by a court to be mentally competent cannot form a legally binding contract with another party

Indicate whether the statement is true or false

Business