If a person who has been declared incompetent by the courts enters into an agreement, that agreement is void, because it does not meet all the requirements of a binding contract

Indicate whether the statement is true or false


True

Business

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Typically, the best method of entry into a foreign market is the establishment of a wholly owned foreign subsidiary so that the parent organization can maintain a high level of control.

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

Business

Hot Topic is a specialty retailer with an assortment that interests young teens. Merchandise ranges from T-shirts to music to jewelry to makeup, all geared to the interests of young teenagers. Therefore, Hot Topic is catering to a particular

A. consideration set. B. psychosocial segment. C. retail market segment. D. reference group. E. demographic set.

Business

What is needed in order to develop a customer benefit plan?

A. Client referrals B. Customer profile C. Industry profile D. Customer profit ratio E. Rehearsed preapproach

Business

Sale and purchase of goods should be recorded at their list price, less any trade discount involved

Indicate whether the statement is true or false

Business