Faced with many "me-too" competitors, Sonic Burgers, Inc. has set its price level to "meet competition" while emphasizing nonprice competition. Sonic Burgers' pricing objective seems to be a ________ objective.
A. satisfactory profits
B. profit-oriented
C. maintaining market share
D. sales-oriented
E. status quo
Answer: E
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What will be an ideal response?
Mary, an illegal immigrant, orally agrees to pay Michael $10,000 for him to marry her so
that she can stay in the country. If Michael sues to enforce the promise, which of the following will be TRUE? A) Michael will not be able to enforce the agreement unless he can show that he has performed his side of the bargain B) The agreement is unenforceable C) The agreement is fully enforceable D) The agreement will only be enforceable if Michael can use independent witnesses to prove the existence of the contract. E) As the agreement was made orally it is not enforceable.
A homeowners policy covers loss caused by
a. fire. b. explosion. c. burglary. d. all of these.
What is a tenancy in common?
What will be an ideal response?