In a short essay, explain why innovation is becoming increasingly important in today's business world
What will be an ideal response?
Answer: Companies are finding that if they don't keep innovating they fall behind competitors. A good example of this situation involves Apple. Even after being perhaps the most innovative company of the last 50 years, inventing such things as iTunes, iPods, iPads, and iPhones, Apple finds that if it doesn't keep improving its innovations, it gets overtaken by competition. An example is the iPhone. Instead of standing still and allowing Droid phones to take over, Apple has recently acquired some amazing innovations that will keep it ahead of its competitors–at least for a while.
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Chester is preparing the estate tax return, Form 706, for his deceased brother John. John died December 15, 2017. Which of the following will not be included in John's gross estate?
A. Real estate that will be passed to John when his parents die. B. Stocks and bonds owned by John at his death. C. Land that John had signed a contract to sell, but the sale of which was not completed. D. Property jointly owned by John and his spouse.
Assent of a party to a contract may be manifested in any manner sufficient to show agreement, including conduct
Indicate whether the statement is true or false