Fresnas Inc

question 2

True/False

Fresnas Inc. introduced a new line of smartphones in the market. As it is expected to generate huge profits and needs more financing, the new line of smartphones can be categorized as dogs.

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Definitions:

Reject the Performance

A buyer's right to refuse acceptance of goods if they do not conform to the contract in a commercial sales transaction.

Past Litigation

Legal disputes or lawsuits that have been resolved or decided previously.

Undisclosed Principal

A principal whose existence is not known by a third party. That is, the third party does not know an agent is acting on behalf of a principal.

Personal Service

The delivery of legal documents directly to a person to inform them of legal proceedings or obligations, ensuring they are aware and can respond accordingly.