Commercial Credit & Finance is a lim¬ited partner¬ship. Derry,Eleni, and Frey are the general partners. Derry dies. The partnership can
a. continue only after a distribution of its assets.
b. continue only as a general partnership.
c. continue only if Eleni and Frey consent.
d. not continue because Derry's death dissolves the firm.
C
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Randall, an advertising campaign specialist, is making a presentation to decision makers at his firm on marketing a new sports nutrition supplement, Crealean, for building muscle. What would be the most effective presentation visual for him to use?
a. A handout providing a detailed summary of his presentation. b. A person who has used the product. c. A model of the product. d. An electronic presentation outlining specific marketing strategies.
A company that produces products in high volume would most likely be trying to compete on which competitive dimension?
a. Cost b. Quality c. Customer Service d. Flexibility
Henry Lee runs a kiosk at a beach as a summer business. He sells a bottle of pop made by a local manufacturer to Claude Erskin, who has never heard of the brand before
There is a piece of glass in the bottle and Claude is injured and wants to sue someone. Which of the following is true? A) Claude can only sue Henry, the retailer of the pop, since he has a contact only with him. B) Even though Claude bought the pop from Henry, Claude can sue the manufacturer in contract. C) Even though Claude has no contract with the manufacturer, he can sue it in tort. D) Claude can sue both Henry and the manufacturer. E) Claude can't successfully sue anyone.
The Government in the Sunshine Act covers all but which of the following agencies?
a. Consumer Product Safety Commission. b. Commodity Futures Trading Commission. c. Environmental Protection Agency. d. Securities and Exchange Commission.