Question
What type of contract is created when the performance
of an existing contract depends on the occurrence or non-occurrence of a collateral and uncertain future event?Solution
Explanation: Section 31- 36: Contract to do or not to do something if some event, collateral to such contract does or does not happen. These are conditional contract as they are dependent on an uncertain future event which must be collateral to the contract.
Which of the following statements accurately describes the global perspective on world trade?
_____________ marketing concept focuses on large scale promotions to sell a product.
when designing the product element of the marketing mix for services, marketing managers should give special attention to:
An owner of two new kittens would most likely use an experiential search or prior experiences when purchasing:
Consumers have an obligation to _____ in the exchange process and in the use and disposition of products.
One of the fastest growing trends in retail locations is:
Labour intensive techniques are used for the production of goods and services in which economy?
When assessing the viability for a new store location, Starbucks will review the population distribution, income, and occupation of those residents that...
A single social media site like Facebook or YouTube is referred to as a
The iPhone, Samsung Galaxy and new Microsoft smartphone are all positioning themselves in the same target market by emphasizing their superiority in sim...