Compared to a direct marketing channel, an indirect marketing channel has lower margins and also, lower costs of marketing and channel management

Indicate whether the statement is true or false

TRUE

Business

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Survival-age distribution refers to the number of customers that the product has in year one, two, three, and so on

Indicate whether the statement is true or false

Business

Mary buys a lottery ticket and promises to buy her friend Sharon a new pair of shoes if she checks the lottery results while Mary is away. Sharon agrees to do so, provided she has the time for it. What kind of contract do Mary and Sharon have?

A) preexisting duty B) past consideration C) illegal consideration D) illusory promise

Business