Restful Inn Motel Corporation wants to terminate its franchise arrangement with Steve's Cabins. Their contract does not provide for notice of termination or set a time for winding up the business. This means that to wind up, Steve's?
A) has a reasonable time, with notice
B) has whatever time Restful Inn determines, with or without notice.
C) is entitled to notice, but nothing more.
D) must close immediately.
A
You might also like to view...
A(n) ________ marketing system consists of producers, wholesalers, and retailers acting as a unified system
A) horizontal B) vertical C) multitiered D) communal E) equilateral
Which of the following best describes a go-to-market approach?
a. How a new venture uses R&D b. A new venture’s plan to engage and deliver products and services to customers c. Quantity of product to be produced d. All of the above
A party cannot recover damages for severe emotional distress absent a showing of physical injury
a. True b. False Indicate whether the statement is true or false
If sales increase 25%, EBIT increases 50%, debt increases 75%, and working capital increases 12.5%, what is the degree of operating leverage?
A) 2 B) 5 C) 3 D) 6 E) 4