At a fairly early point in the development of contract law, the common law courts decided not to enforce gratuitous promises.
Answer the following statement true (T) or false (F)
True
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Why is it necessary for a good negotiator to have a willingness to take risks and an ability to tolerate ambiguity in a business negotiation?
A. To supply information to customers so that they can pick features that they do not need B. To aggressively create new "needs" in customers through persuasion C. To try to get every concession possible out of the buyer D. To both accept and offer concessions during a meeting without complete information E. To indulge in browbeating, which will help both parties achieve their organizational goals
Which of the following is not recommended by expert David Arnold for companies engaged in global market research?
A) use multiple indicators B) develop customized measures specific to an industry or product C) conduct comparative assessments in neighboring countries D) observation should be weighted more heavily than statements of purchase intention E) assess a particular market in isolation
Which of the following powers of administrative agencies facilitates the investigation and prosecution of possible violations of statutes and rules?
A. rulemaking power B. executive power C. judicial authority D. licensing
Discuss the advantages and disadvantages of the three methods of converting to a new system: cold turkey (big bang) cutover, phased cutover, and parallel operation cutover