Reminder advertising tells past customers that a product is still available or a company is ready to serve their needs
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Reminder advertising tells past customers that a product is still available or a company is ready to serve their needs.
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Which f the following statements BEST describes the validity of a contract?
A. A void contract cannot be enforced legally. B. A void contract can be enforced legally. C. A voidable contract cannot be enforced by either party. D. A voidable contract cannot be rescinded by either party.
Ford & Co., CPAs, prepared Owens Corp.'s tax returns. Relying on these tax returns, Century Bank lent Owens $750,000. Ford was unaware that Century would receive a copy of the tax returns or that Owens would use them to obtain a loan. Owens defaulted on the loan. To succeed in a common law fraud action against Ford, Century must prove, in addition to other elements, that Century was
A. Free from contributory negligence. B. In privity of contract with Ford. C. Justified in relying on the tax returns. D. In privity of contract with Owens.