A view cannot involve statistics
a. True
b. False
Indicate whether the statement is true or false
False
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A direct competitor is an organization offering nearly identical products or services to the same
market. Indicate whether the statement is true or false
Some countries provide insurance for their citizens' investments abroad
Indicate whether the statement is true or false
Interest rates are determined in the bond markets
Indicate whether the statement is true or false
In Griffith v. Clear Lakes Trout, Griffith grew trout for Clear Lakes; the parties got into a dispute over what were "market size" trout, as Clear Lakes wanted larger fish. The court held that:
a. since the contract between the parties was vague about trout size, there was no enforceable contract b. Clear Lakes was correct about trade usage regarding "market size" so Griffith had an obligation to grow larger fish and be in compliance with the contract c. Clear Lakes was incorrect about trade usage regarding "market size" so Griffith had no an obligation to grow larger fish to be in compliance with the contract d. Clear Lakes had underpaid for the trout given current market prices, so owed Griffith damages equal to the market price versus the price paid e. none of the other choices