If a debt is liquidated, an accord and satisfaction cannot take place.

Because of the so-called "bundled choice" problem, voters often vote for candidates that they are not entirely happy with.

Most media can only be distributed through one channel,so you have to select the channel and medium combination carefully.

Refer to Figure 12.1.2 above. Which of the following best describes the reason for the shaded triangle in panel (b) ?

A) The triangle shows the benefits of advertising and product differentiation, which do not exist in perfect competition.
B) The triangle describes the improvement in efficiency in monopolistic competition.
C) The triangle describes the deadweight loss associated with market power in monopolistic competition.
D) The gains in allocative efficiency under monopolistic competition, compared to a perfectly competitive market.

The CISG:

A) provides uniformity for transactions among contracting parties in different states in the United States.
B) applies only to consumers,not commercial parties.
C) applies only to services,not sales of goods.
D) does not have provisions to cover every contract problem that might occur.

Which of the following bases of power is considered personal power?

A) information
B) referent
C) reward
D) legitimate