Answers

AN

Answered

In the Smith v.Riley case referenced in the textbook,how did the Tennessee Court of Appeals rule regarding whether a purchase for "the sum of One Dollar ($1.00) and other good and valuable consideration" was sufficient consideration to support an agreement?

A) The Court ruled that the purchase amount was sufficient consideration.
B) The Court ruled that the purchase amount was insufficient consideration,but only because the sale of an interest in a lease was involved.
C) The Court ruled that the purchase amount was insufficient consideration,but only because a sale of goods was involved.
D) The Court ruled that the purchase amount was insufficient consideration,but only because a domestic partnership was involved.
E) The Court ruled that the purchase amount was insufficient consideration because over $50,000 was at issue.

On Jul 17, 2024


A
AN

Answered

Which of the following findings would be the most likely to lead the U.S. Justice Department to block a corporate merger under terms of the Clayton Act?

A) a buyer-seller relationship between the two firms
B) a high pre-merger Herfindahl index in the industry and a large boost in the index because of the merger
C) a low pre- and post-merger concentration ratio in the industry
D) evidence that one of the firms is highly unprofitable

On Jul 16, 2024


B
AN

Answered

A process is deemed to be capable when there are no special assignable causes of variation,only common causes.

On Jun 17, 2024


True
AN

Answered

In a market pricing relationship,people see each other as interchangeable.

On Jun 16, 2024


True
AN

Answered

The types of goals and the processes used to develop the goals will vary depending on the complexity of the project, the knowledge and skills of the project leadership team, and the _____ of the project plan which refers to the degree of stretch for the team.

A) boldness
B) expanse
C) intricacy
D) sophistication
E) breadth

On May 18, 2024


A
AN

Answered

Two ways a salesperson can ________ is to show the buyer how to properly use the product and to make realistic claims about the product.

A) reduce satisfaction
B) lower the buyer's level of dissonance
C) increase dissatisfaction
D) reduce routine decision making
E) modify selective retention

On May 17, 2024


B