Between which of the following parties would a fiduciary relationship exist giving rise to a presumption of undue influence?
A) Between a bus driver and a regular passenger.
B) Between an account and his client
C) Between a lawyer and his client
D) Both A and C
E) Both B and C
E
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When organizations endeavor (1) to keep their costs (and hence the prices of their products or services) below those of competitors and (2) to target a wide market, they are utilizing a _____ strategy.
A. focused-differentiation B. differentiation C. cost-leadership D. reinventing E. cost-focus
In calculating the cost of goods manufactured, the costs found in ending work in process are added to the total manufacturing costs of the period and the costs found in beginning work in process are subtracted
Indicate whether the statement is true or false
The overall purpose of the marketing plan is to enable the marketing manager to stay in touch with the three key parts of the business environment crucial to his or her success: customers, competitors, and factors outside the control of both
customers and competitors. Indicate whether the statement is true or false
In which of the following situations is a contract considered voidable?
A. When the contract is ratified on reaching majority B. When the minor lied about his or her age C. When the contract is for necessaries D. When there is a lack of capacity because of minority