Most contracts are made ____________________
Fill in the blank(s) with correct word
orally
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When a company wishes to purchase and retire its own stock, the company must
a. decrease the stock account balances by the original issue price. b. record a gain or loss depending on the difference between original selling price and repurchase cost. c. get the approval of the state to do so. d. issue a different class of stock to the former stockholders.
Using ________, a company modifies a basic good or service to meet the needs of a specific individual customer
A) undifferentiated targeting B) positioning C) customized marketing D) mass customization E) differentiated targeting
A general partnership is formed without any formality and no documents need be filed with the state
a. True b. False Indicate whether the statement is true or false
The critical test under the Due Process Clause in determining whether jurisdiction over an out-of-state defendant exists is whether the:
a. defendant has certain minimum contacts with the state such that the maintenance of the suit does not offend traditional notions of fair play and substantial justice. b. out-of-state defendant has ever visited the state. c. out-of-state defendant has certain minimum contacts with the state such that maintenance of the suit does not offend liberty concepts. d. out-of-state defendant has ever lived in the state.