Which treaty made environment an official responsibility of the EU?

a. The Treaty of Rome

b. The Maastricht Treaty

c. The Single European Act

d. The Treaty of Amsterdam


c

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Which of the following conditions is most likely essential for implementing a successful market-penetration pricing strategy for a product?

A) The product's quality supports its high price. B) Alternative products can enter the market easily. C) The market for the product is highly price sensitive. D) Prices increase incrementally as sales volume increases. E) Production costs rise with an increase in marketing efforts.

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The common law of contract allows for gap-filling terms that are implied in the contract

Indicate whether the statement is true or false

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Mass customization means using the principles of mass production to appeal to the unique needs of individual customers and smaller segments of the market.

Answer the following statement true (T) or false (F)

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"Bill of exchange" and "international draft" are two names for the same type of negotiable instrument

Indicate whether the statement is true or false

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