Business, 20.07.2020 01:01 unicornsflyhigh
Joe sells his business to Shirley. During the negotiations, Joe negligently tells Shirley that the business has earned a profit for the last five years. In reality, the business operated at a loss for each of those years. However, Shirley did not hear Joe's misstatement. Shirley cannot rescind the contract because:
Answers: 2
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Which is part of the sales process? a. customer retention b. billing c. cost planning d. customer relations
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Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.
Answers: 3
Joe sells his business to Shirley. During the negotiations, Joe negligently tells Shirley that the b...
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