If a party against whom enforcement of an oral contract is sought admits under oath that a contract for sale was made, the contract will be enforceable

Indicate whether the statement is true or false


True

Business

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Under which of the following does the insurer promise to pay the insured a fixed yearly amount, as guaranteed income, after the insured attains a specified age?

a. straight life policy b. whole life policy c. universal life policy d. deferred annuity contract

Business

A hotel owner may be strictly liable for any loss or damage to their guests' personal property.?

Indicate whether the statement is true or false

Business

What is a business that operates on the Internet only without a physical store?

A. Pure play. B. Intermediaries. C. Content provider. D. Re-intermediation.

Business

In which step of the market planning process are decisions made concerning what markets to target and what marketing mix strategies to use?

A. develop marketing strategies B. implement the marketing plan C. control the marketing plan D. perform a situation analysis E. develop marketing metrics

Business