It is important for potential entrepreneurs to have extensive experience in the business in which they are buying a franchise

Indicate whether the statement is true or false.

Answer: FALSE

Business

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A marketer of fine French cognac offers a fancy cigar ashtray to persons who correctly solve a crossword puzzle and mail it in. This is an example of a trade promotion

Indicate whether the statement is true or false

Business

Andy Kim was quietly having a beer one night at Casey's Tavern when he was suddenly and without warning attacked by Red Nekk, who was clearly intoxicated

Red is somewhat notorious around Casey's: he gets thrown out about once a week for starting fights and knows that. On other occasions when he's been there, there have been two bouncers, so he's felt safe. Unfortunately, they were both breaking up another fight when he was suckered by Red. Andy suffered cuts and bruises as a result of this incident, and he sues Casey's for negligence. Which of the following is TRUE? A) The defendant had no duty to protect Andy from attack by its patrons. B) Andy voluntarily assumed the risk of an assault when he attended a place like Casey's. C) The defendant took reasonable care to protect its patrons by employing two bouncers. D) The defendant should have barred Red from the premises, given his history. E) There was nothing the defendant could have done in the circumstances to have protected Andy from an attack.

Business