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If the proportionate number of consumers for cigarettes (smokers) continues to decline,larger and more established tobacco corporations such as R.J.Reynolds should definitely not formulate which strategy?
Statute Law
Law enacted by a legislative body, such as a parliament or congress, officially documented and codified.
Gratuitous Promise
A promise made without expecting anything in return, often not legally binding unless certain formalities are met.
Consideration
The benefit, interest, right, or profit that is given or promised to one party in a contract in exchange for them to do or not do something.
Binding Contract
An agreement between two or more parties that is legally enforceable.
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