A Business Model Is Developed First

question 85

True/False

A business model is developed first.Then the firm takes steps to understand customers in terms of who, what, and how in order to develop a business-level strategy.

Comprehend the legal consequences of unconscionable contracts and clauses.

Identify exceptions to the rule against the enforcement of illegal contracts.

Understand the components and importance of employment contracts, including the provision related to restraint of trade.

Identify the evidence required by courts to prove a transaction is usurious.