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Firms That Are Flexible,adaptable and Experiment with New Ideas Are

question 5

Multiple Choice

Firms that are flexible,adaptable and experiment with new ideas are _________ firms.


Definitions:

Merchantable Quality

A standard implying that goods sold by a merchant are fit for the general purpose for which they are sold.

Title Transfer

The process of legally shifting ownership of a property or asset from one party to another.

Good Title

The legitimate ownership of property or assets, free from any legal claims or liens by others that might affect transferability or rights.

Sale of Goods Act

Legislation that regulates the sale of goods, ensuring standards for transactions, rights, and obligations of buyers and sellers.

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