A Signed Written Contract States That "Sam Will Pay $900

question 29

Multiple Choice

A signed written contract states that "Sam will pay $900 for Skitravel to provide a week of skiing that includes lift tickets Sunday through Wednesday at Vail and Thursday through Saturday at Aspen.Skitravel will provide seven nights of lodging: Sunday,Monday,and Tuesday at Vail Hotel and Thursday,Friday,and Saturday at Aspen Lodge." The written contract failed to mention where Wednesday night accommodations would be.Which of the following statements,all made before this contract was signed,could be admitted into evidence?

• A) "Wednesday night the accommodations will be at Vail Hotel."
• B) "Saturday you will stay at the Westin Hotel in Aspen."
• C) "Group lesson fees are included if you want lessons."
• D) Because these statements are not in writing,none can be admitted into evidence.

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Definitions:

Price Leadership Model

A market structure where one leading firm sets the price for its product and the other firms in the market follow suit, adjusting their prices accordingly.

Nonprice Competition

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Shrinking PC Market

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Smartphone Markets

A sector of the technology industry focused on the production, distribution, and sale of smartphones, characterized by rapid innovation and competition.