Which of the following costs is most likely associated with commercialization?

A) building or renting a manufacturing facility
B) paying groups of consumers for participating in crowdsourcing activities
C) determining a product's planned price, distribution, and marketing budget
D) developing a prototype of a product
E) using simulated tests to measure market capacity

A

Business

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Indicate whether the statement is true or false

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The ________ states that the intent to contract is judged by the reasonable person standard and not by the subjective intent of the parties

A) Restatement of the Law of Contracts B) Restatement (Second) of Contracts C) objective theory of contracts D) common law of contracts

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