A mutually exclusive investment is one where one investment is chosen and the others are
ultimately sacrificed or excluded.
Indicate whether the statement is true or false
TRUE
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Wok Corp. has decided to expand the scope of its business. In this connection, it contemplates engaging several agents. Which of the following agency relationships is within the statute of frauds and thus should be contained in a signed writing?
A. A sales agency. B. An irrevocable agency. C. An agency of indefinite duration but terminable upon 1 month's notice. D. An agency for the forthcoming calendar year entered into in mid-December of the prior year.
The following items are tangible components of a corporate image, except:
A) goods and services sold B) retail outlets where the product is sold C) advertising, promotions, and other forms of communication D) competing businesses