E-mation entered into a contract with a consumer, Ezra, a recent immigrant to the United States, who spoke very little English, and had no formal education. The contract provided for Ezra to pay $2500 for a computer system. The system was worth $400 . If E-mation sued Ezra for enforcement the contract, what is the most likely result?
a. The contract is enforceable because of the Statute of Frauds.
b. The contract is enforceable because of the parol evidence rule.
c. The contract is enforceable because of the underlying reference rule.
d. The contract is unenforceable because it is unconscionable.
d
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You borrow $30,000 for 10 years to pay tuition and fees. The annual interest rate is 12 percent. What monthly payment would be required to pay off the loan?
What will be an ideal response?
When you simplify a table for your report, you should do all of the following except
A) add a footnote to the table to inform readers when numbers are rounded up or down. B) round each percentage to its nearest whole when percentages total 100%. C) round down each number with a decimal less than 0.50. D) readjust every number in the table unless the total is 100%. E) round up an odd number with a decimal of 0.50.
Which statement about direct marketing is true?
A. Direct marketing hinders firms from gathering customer data. B. Only print media can be used for direct marketing efforts. C. Direct marketing lacks the flexibility needed by today's firms. D. Direct marketing results are difficult to measure. E. Many customers dislike the clutter associated with direct marketing.
________ service is the level of service the customer hopes to receive.
A. Functional B. Augmented C. Predictable D. Desired E. Adequate