The U.S. Constitution provides that the judicial power (the court system) is:
a. determined by the Congress establishing such courts as it deems necessary b. determined by the President with the advice and consent of the Senate
c. in one Supreme Court and in lower courts as the Supreme Court may establish d. in one Supreme Court and in lower courts as the President may establish
e. none of the other choices are correct
e
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Of all the trade promotions mentioned in the text, which of the following carries the most risk to the company?
A) price-based promotion B) product-based promotion C) sales-based incentives D) cooperative advertising
The primary issue in a sale-leaseback transaction is that
A) ?the seller-lessee recognizes a loss in the period of the transaction but defers any gain and amortizes it over the life of the lease. B) ?the seller-lessee recognizes a gain in the period of the transaction but defers any gain and amortizes it over the life of the lease. C) ?the seller-lessee recognizes a loss in the period of the transaction but defers any gain and amortizes it over the life of the lease. D) ?the seller-lessee recognizes a loss in the period of the transaction but defers any gain and amortizes it over the life of the lease.
Suppose Canon and Nikon are the only players in the digital camera industry. What can Canon do to acquire marketing intelligence?
What will be an ideal response?
According to the rule of ________, if a promisee's performance was rendered before the promisor's promise was made, then it can never serve as consideration, even though it may meet the "legal value" part of the test.
A. past consideration B. forbearance C. preexisting duty D. promissory estoppel