Which of the following terms designates the legal ability of a party to enter into a contract?
a. Consent
b. Affirmation
c. Materiality
d. Capacity
d
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American spendthrifts outnumber American tightwads
Indicate whether the statement is true or false
Archetype is a Unilever SBU that markets a number of different tea brands around the world. Each brand addresses the taste and emotions of local tea cultures. Which of the following would be part of Archetype's internal environment?
A) changes in the way people drink tea B) increased competition from a local tea producer C) government regulations of information on package labels D) marketing Archetype does to reach consumers and satisfy their cultural needs E) a shortage of tea leaves due to unusual weather conditions
The project development perspective suggests that early on the team works on:
a. Making sure members know what their roles are b. Increasing variety and flexibility of team skills c. Developing skills of team members d. Establishing rules and social relationships
Additional investment in working capital, even if it may be recovered at the end of a project, must
be included in capital budgeting analysis because of the time value of money. Indicate whether the statement is true or false