In the follow-up stage of the selling process, the salesperson asks the customer for an order
Indicate whether the statement is true or false
FALSE
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Acme was a petroleum wholesaler who supplied heating oil to retail oil companies. When oil producing countries make enough oil available to meet world needs, but increase the base price from $70 a barrel to $700 a barrel. Acme will be out of business if it sells to its customers at their contract price. What is Acme's best defense to breach of contract claims if it increases the costs to the retailers?
a. Economic duress b. Commercial impracticability c. Objective impossibility d. Commercial frustration
In the context of political economy, one notable development of the past 20 years has been the spread of:
A. centrally planned economies. B. mixed economies. C. totalitarian governments. D. democracy. E. communism.