Answer:
No.
Explanation:
The contract is no longer valid because of changes in the condition of offer. By the operation of law, the occurrence of certain events will automatically terminate an agency relationship. Since Mark expressly stated that the reason he was selling the estate was because he has lost so much money, any significant cash inflow to Mark apart from the sale of the estate will ultimately affect his decision to sell. As such, the lottery he won is a cash flow and since a vital condition for selling the estate has been breached. The contract is to be declared invalid.
Answer:
The correct answer is D) product differentiation.
Explanation:
Product differentiation is a competitive strategy that aims to allow the consumer to perceive differently the product or service offered by a company, with respect to those of the competition.
Product differentiation can be based mainly on various attributes such as quality, color, size, after-sales service, specialized attention, location, brand recognition or luxury. But any attribute makes perceive a product or service differently is considered product differentiation.
It should be noted that the differentiation also has a subjective element since consumers can perceive that a certain brand is different from another based not on the comparison of objective characteristics but on the idea that they have made of the company and its image.
Answer: (B) Utilitarian Ethics
Explanation:
The Utilitarian ethics is one of the type of ethical concept that helps in determining the right outcome from the given consequences.
It is one of the form of moral framework that helps in producing the moral reasoning approach that is specifically used in an organization for the business purpose.
According to the given question, the solid tool is one an organization that producing various types of solid's products and the helps in justifying from the perspective of utilitarian Ethics.
Therefore, Option (B) is correct answer.
