________ is a term that denotes the return of goods or property received from the other party to undo a contract

A) Rescission
B) Recession
C) Restitution
D) Retribution


C

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The objective of a best-cost provider strategy is to

A. attract buyers on the basis of having the industry's overall best-performing product at a price that is slightly below the industry-average price. B. outcompete rivals using low-cost provider strategies. C. deliver superior value to value-conscious buyers at a comparatively lower price than rivals. D. offer buyers the industry's best-performing product at the best cost and best (lowest) price in the industry. E. translate its best-cost status into achieving the highest profit margins of any firm in the industry.

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In Microsoft Word 2010, which of the following diagram types is not an option in the SmartArt dialog?

a. Basic b. Cycle c. Hierarchy d. Picture

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Mediation differs from litigation in which of the following ways?

A) Mediation is based on seeking compromise, whereas in litigation one side normally wins and the other loses. B) In mediation, the parties decide on the outcome. In litigation, the court decides. C) In mediation, a third party (the mediator) assists the parties to reach an agreement, if possible. In litigation, a third party (the judge) decides the outcome. D) Both B and C E) All of the above

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Using the random number table 14.3 in your text, column 1, reading across row 3, what is the average length of the next five contracts?

A) 4.6 B) 4.8 C) 5.0 D) 5.2

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