State _______________ laws allow consumers to cancel contracts signed with door-to-door salespeople within a limited number of days after agreeing to such contracts.
A. Packaging and labeling
B. Cooling-off
C. Tying agreement
D. Reciprocal dealing
E. Truth-in-lending
Answer: B. Cooling-off
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Nintendo's major competitors in the video game console industry are Microsoft and Sony
As Nintendo pondered how to grow its market share, it realized that Microsoft and Sony's respective gaming consoles were targeted at hardcore gamers who were teenagers or young adults for the most part and mostly played action games. With this mind, Nintendo decided to develop a gaming console targeted at players of all ages and preferences, from school-kids to their grandparents, with motion-controlled sensors to control gameplay, and with a focus on games that everyone in the family could play. The result was the Nintendo Wii which leads the market for family-oriented gaming consoles and is a huge hit with casual gamers as much for its fun quotient as for its lower price compared to its competitors. In developing and marketing the Wii, Nintendo targeted the ________ opportunity and used the ________ product development approach. A) go-to-market; custom applications B) differentiating functionality; low-cost C) new market segment; innovation focus D) go-to-market; quality attributes
A state may not enter into a treaty with a foreign nation even if the treaty does not conflict with
any other treaties and does not interfere with foreign commerce. Indicate whether the statement is true or false