________ is traded freely in the foreign exchange market, with its price determined by the forces of demand and supply

In an effort to increase profits, Pearl River Chinese restaurant is attempting to appeal to a specific segment of the market by offering an all-you-can-eat buffet. These efforts, designed to identify specific groups that can be profitably served, represent an example of:

A. target marketing. B. a reference group strategy. C. benefit segmentation. D. B2B marketing. E. B2G marketing.

Wes, who is an art collector, offered to buy a print from Le Monde Gallery. Le Monde balked at the price, sending Wes a letter of rejection. That day it discovered that the print was not as highly valued as originally thought. Le Monde immediately telephoned Wes to accept his offer. Is there a contract?

A) Yes, since the acceptance was received before the rejection B) No, because the rejection was effective upon dispatch C) No, because the rejection terminated the offer D) Yes, because the acceptance is always effective upon dispatch