The competition between the same type of retailers is called

A. intertype competition.
B. scrambled merchandising.
C. intrinsic competition.
D. intratype competition.
E. indirect competition.


Answer: D

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A(n) ________ is a promise by an owner, usually contained in the deed, to use or not use a piece of land in a particular way

A) easement by prescription B) quitclaim deed C) restrictive covenant D) equitable interest

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If Valley Bridge contracts with Rainbow Painters to paint a bridge and the contract requires that only Sherwin Williams paint be used, then Sherwin Williams, as third party beneficiary will be able to enforce the contract against either Valley Bridge or Rainbow Painters

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

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

The most common sources of debt financing are commercial banks.

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A local government's police power is, generally:

a. the power to arrest disturbers of the peace b. the power to arrest people engaged in illegal activities c. the power to seize land for law enforcement agencies d. the power to seize land without paying for it e. none of the other choices are correct

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