In the Chapter 14 opening scenario on Apple, the key lesson is that ________
A) China, as an emerging economy, deserves new consumer relations rights
B) high-tech companies must step up their consumer relations efforts in other countries
C) companies can no longer discuss consumer relations solely in the context of the United States
D) businesses should never give in to demands from communist nations
C
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Centrex Computer Company offers to sell Deluxe Vehicle Sales Corporation 1,000 computers for a $500,000, states that the offer will be open for six days, and asks for a response by fax. On the fourth day, Deluxe sends an acceptance to Centrex via the mail, which is received on the sixth day. In this deal
a. a contract is formed. b. no contract is formed, because Centrex asked for a response by fax. c. no contract is formed, because Centrex received the acceptance late. d. no contract is formed, because Deluxe sent the acceptance late.
Why was the international monetary system also called the sterling-based gold standard during the gold standard?
What will be an ideal response?