In California, the statute of limitations for verbal contracts is
A. two years.
B. three years.
C. four years.
D. 10 years.
Answer: A. two years.
Business
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Holly's Candle Shop sells scented candles. The premium candles all sell for $10 each, the standard candles for $8, and all of the value candles sell for $5 each. Holly's Candle Shop appears to be using _____.
A) odd-even pricing B) leader pricing C) price lining D) penetration pricing E) price negotiating
Business
A major benefit to all parties of established channel roles is the _____
a. development of long-term relationships among channel members b. use of intensive distribution to foster consumer convenience c. reduction in retail selling price due to private brands d. development of a uniform image
Business