A person forming a contract never has to disclose information that is harmful to their interests
Indicate whether the statement is true or false
FALSE
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What is the success rate for a project using the waterfall methodology?
A. 4 in 10 B. 2 in 10 C. 8 in 10 D. 1 in 10
Which of the following is true of vertical price-fixing?
A. It is an attempt by competitors to interfere with the market and control prices. B. It is illegal per se for manufacturers to state a "suggested retail price" for their products. C. It is not within the scope of Section 1 of the Sherman Act. D. It is an attempt by manufacturers to control the resale price of their products.
Rank the four different types of cost estimates from most to least accurate and explain what the inputs are to each type
What will be an ideal response?
DiazJohn Diaz immigrated to Tallahassee from Cuba in the 1980s. He set up a coffee shop called Diaz in a small upper-middle-class neighborhood. It rapidly became popular because of the wonderful coffee it brewed. Soon Diaz was selling the finest coffees from around the world, plus coffee-making necessities such as grinders and brewers. Within ten years, Diaz was operating a lucrative mail-order business in addition to his coffee shop.Upon entering the shop, the first thing the customer sees is a countertop crowded with all of the machinery needed for making a perfect cup of coffee. Marble-topped tables are set in cozy nooks with overstuffed chairs. Bookshelves on one wall hold books about coffee for patrons to read while they sip. The smell is intoxicating to a real coffee lover. Coffee
drinkers can take home a pound when they leave. The store carries all types of coffee from $300 per pound Kopi Luwak from Sumatra to Brazilian Cerrado for $8 a pound.Refer to Diaz. The type of merchandise carried by Diaz is deep but with a narrow assortment. The store would most likely be classified as a: A. convenience store B. mass merchandiser C. specialty store D. category killer E. membership club