Given the current divorce rate in the country if one spouse has good credit established, then it is equally important for the other spouse to establish credit in his or her own name

Indicate whether this statement is true or false.

Answer: TRUE

Business

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The law attempts to help persons who may feel forced to enter contracts. Which of the following is false with regard to the law of undue influence, duress, etc.?

A) An unconscionable transaction is one in which one party has been seriously taken advantage of, and the courts, in their equitable jurisdiction, can set such a contract aside. B) If a contract favours the stronger party in a relationship (e.g., if a lawyer bought property from a client at far below the market value), the court would presume undue influence (i.e., that the stronger party abused his dominant position). C) If the court presumes the existence of undue influence, the person asking for the return of the property will automatically get it back. D) A contract entered into because of a threat of violence is voidable at the option of the victim. E) Independent legal advice given to a person who wants to give a gift to a dominant person (e.g., his doctor) is good evidence to rebut a presumption of undue influence.

Business

Church & Dwight, Co is a U.S. manufacturer of household products. The firm owns a line of toothpastes under the brand name Arm & Hammer Peroxicare. The firm also sells other products under the brand name Arm & Hammer

Arm & Hammer Peroxicare is an example of which of the following encoding strategies? A) company name B) company and brand name C) brand and subbrand name D) company and product name E) brand name only

Business