Prevention of Significant Deterioration areas include national parks and wilderness areas
a. True
b. False
Indicate whether the statement is true or false
True
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A properly executed subsequent will revokes a prior will
Indicate whether the statement is true or false
Employing a "think-local, act-local" multidomestic strategy is highly questionable when
A. there are significant country-to-country differences in distribution channels and marketing methods. B. a company desires to transfer competencies and resources across country boundaries and is striving to build a single, uniform competitive advantage worldwide. C. the trade restrictions of host governments are diverse and complicated. D. host governments enact regulations requiring that products sold locally meet strictly defined manufacturing specifications or performance standards. E. there are significant country-to-country differences in customer preferences and buying habits and the industry is characterized by big economies of scale and strong experience curve effects.
A partnership agreement:
A) Cannot be implied from the actions of the partners. B) Must be an express agreement for all partnerships, but can be oral or in writing. C) Must be in writing for all partnerships. D) Must be in writing, but only for partnerships covered under the Uniform Partnership Act. E) May be created inadvertently based on the parties' conduct.
Ralph sold a motel to Steve by stating that he had paid $250,000 for it and that his net average annual profit from the business has been $40,000 . In reality he paid $100,000 for the motel and has earned a net average annual profit of only $30,000 . Steve made no attempt to verify the statements until after the transaction was completed. In this case:
a. Ralph has committed fraudulent misrepresentation. b. Steve is bound by the contract, because he failed to verify the statements which were made to him. c. Ralph has used economic duress to compel the sale. d. All of these.