In most states, whether the time within which a minor disaffirms a contract constitutes a reasonable time is determined by:
A) state statute.
B) the UCC.
C) the facts and circumstances of the case.
D) common law, without regard to the unique facts of the case at hand.
C
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A firm that is plagued with overcapacity, intense competition, or changing wants would do better if it pursues ________ as its major objective
A) market skimming B) product-quality leadership C) survival D) profit maximization E) market penetration
According to the text, the ________ is information oriented
A) marketing research problem B) management decision problem C) theoretical decision problem D) hypothetical decision problem E) research context problem
The ISO 9000 Standards
a. Indicate which company's products are better than those of competitors. b. Include specific directives about product design, material procurement and environmental responsibilities. c. Allow management to decide how to meet the standards for quality assurance. d. Compose a program of quality assurance under which companies are registered by the International Organizational for Standardization.
Which of the following is a similarity between general partnerships and limited partnerships?
A) They are created by a contractual agreement between two or more persons. B) Losses are divided equally among the partners. C) The personal liability of all partners is unlimited. D) All partners have an equal role in the management of the organization.