The time period in which a lawsuit can be brought is set by

a. the equal dignities rule.
b. the statute of frauds.
c. the statute of limitations.
d. the probate court.

Answer: c. the statute of limitations.

Business

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In the international arena, a _____ is an actor formed of three elements: a ruling authority, citizens, and a territory with fixed borders.

Fill in the blank(s) with the appropriate word(s).

Business

What happens when pricing is used as part of a promotion strategy?

a. It must be accompanied by personal selling. b. It cannot be used as a public relations tool. c. It can be effectively used in trade promotions. d. It makes the establishment of a price-to-quality relationship unnecessary.

Business