Which of the following statements is true of a legal offer?
A) The offer must be communicated to the party intended by the offeror.
B) Industry custom and prior dealings are irrelevant when determining whether the terms of the offer are definite.
C) Courts consider what was in the person's mind when entering the contract.
D) The contractual process ends with the legal offer.
A
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Which is not an example of a warranty?
A. Puffery. B. Express. C. Fitness for a particular purpose. D. Merchantability.
A good design begins with ________
A) brainstorming new product ideas B) making prototypes of the planned product C) identifying the most suitable and aesthetic packaging D) brainstorming technical product specifications E) observing and understanding customers and shaping their product-use experience
The bullwhip effect is ______.
A. enhanced if the lead time is longer B. minimized if the lead time is longer C. enhanced if the lead time is shorter D. enhanced if the lead time is fluctuating
One type of fraudulent transfer consists of the:
a. distribution of the debtor's property among creditors. b. debtor's transferring property with actual intent to hinder her creditors. c. avoidance of statutory liens when debtor becomes insolvent. d. discharge of debts of unsecured tardy creditors.