To rescind a contract, the parties must make a second agreement that satisfies the legal requirements for a contract.

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


True

Business

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________ are an example of 100 percent physical goods.

A. Postal services B. Restaurant meals C. Paper towels D. Satellite radio subscriptions

Business

Calculate the MSE for this scenario if the forecasts for periods 1-10 are in order, 176.6, 174.2, 176.1, 178.7, 160.4, 165.4, 177.7, 191.1, 191.0, and 175.2

A) 216.60 B) 219.80 C) 210.40 D) 221.20

Business

A seller should enter into a contract of indemnity with a manufacturer giving the seller a right to reimbursement if found liable for a defect caused by the manufacturer

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

Business

When the president decides to impose export controls for national security or foreign policy reasons, the following businesses may be adversely affected:

A) farmers whose crops are in short supply B) businesses who cooperate with Arab nations in boycotting Israel. C) subsidiaries of U.S. companies having contracts with nations targeted by U.S. foreign policy. D) B and C only. E)A, B, and C.

Business