Sue Thompson received a home "cold-canvas" sales call at her home from a representative of the Enlightened Encyclopedia Company. The salesperson, after a rather aggressive presentation, convinced Sue to order a $1,200 Deluxe Encyclopedia set for her two

children. Sue was impressed with the quality of the books, but shortly after signing the contract, she realized that she could not really afford to make the required monthly payments. What rights, if any, does Sue have in this situation?


Sue has the legal right to rescind this contract within three (3 ) business days. This right is not contingent on any defect in the goods or any misrepresentation on the part of the salesperson. Sue simply has the right to change her mind. The purpose of this protection is to allow consumers a chance to "cool off" from an aggressive, overly-persuasive sales presentation.

Business

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Trademark dilution laws:

A. are intended at protecting consumers rather than focusing on protecting the investment of trademark owners. B. permit a company to quickly penetrate a foreign market without incurring the substantial financial and legal risks associated with direct investment. C. protect "distinctive" or "famous" marks from unauthorized uses even when confusion is not likely to occur. D. require the licensee to transfer any inventions it derives from the licensed technology to the licensor.

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Process productivity is calculated as

a. total units divided by non-value-added processing time. b. total units divided by value-added processing time. c. value-added processing time divided by total units. d. value-added processing divided by total time.

Business

According to Ben McConnell, businesses should blog in order to solicit online feedback about ideas and issues

Indicate whether the statement is true or false

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Darryl Wild enters a motorcycle race. As a condition of entering, he signs a waiver releasing the race organizers for any claims arising from injury to his person however caused, including as a result of negligence by them or their agents

During the race, a flag man goes too far out onto the course and when Darryl attempts to avoid him, he loses control and crashes. Darryl sues the organizers for his injuries. Which of the following is TRUE? A) Motorcycle racing is a high risk activity. B) Darryl could have been in no doubt as to the existence and extent of the waiver. C) The courts generally uphold exemption clauses in actions brought by participants against high risk activities. D) Both A and B E) All of the above.

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