What element of a contract refers to the parties involved being "adults of sound mind"?

a. Consideration
b. Capacity
c. Consent
d. Legality


b

Business

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A risk averse attitude is associated with high ________

A) uncertainty avoidance B) femininity C) power distance D) individualism E) collectivism

Business

Discuss the reasons that investors buy preferred stock and the dividend rights of preferred stockholders

Business

The science of using psychology and demographics to segment consumers is called ________ segmentation.

Fill in the blank(s) with the appropriate word(s).

Business

You are the head of pricing strategy for your firm, and you are very excited about a new point-of-sale system that has just been installed in all your firm's retail outlets. The system is a state-of-the-art, real-time information system that captures the details of every sale made in your retail outlets. Now you will have up-to-the-minute data on sales volume trends and performances for your entire product line. You plan to use this data to set prices based on these volume trends. Which of the following bases for pricing are you intending to use?

A. Markup pricing B. Competition-based pricing C. Demand-based pricing D. Cost-based pricing E. Cost-plus pricing

Business