Section 2-2011. of the Uniform Commercial Code (UCC) is the basic Statute of Frauds provision for ________
A) sales contracts
B) lease contracts
C) all contracts involving interests in real property
D) mortgage contracts
A
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In a(n) ______ interview, all candidates are asked the same list of prepared questions.
A. unstructured B. structured C. semi-structured D. semi-unstructured
Using pricing tactics, such as discounting, to acquire customers
a. encourages them to stockpile. b. reduces the need to provide a differentiated offering. c. creates switching costs. d. attracts bargain hunters. e. creates opportunities for cross-selling.
Luxury items such as perfume can often be sold without adaptation in many different foreign markets.
Answer the following statement true (T) or false (F)
GoodFurn Furniture Company has recently moved to a new, larger location. At the new location, it has been unable to attract sufficient customers. Its owner did not have the cash to pay the current loan installment due for the building and inventory So, he decided to reduce all merchandise prices by at least 50 percent for a weekend sale to earn enough to make his loan payment. In this case, the owner's pricing objective can be classified as:
a. market share maximization. b. satisfactory profits. c. asset maximization. d. sales maximization.