Simpson's Lawn Services Decides to Offer Two Free Mowing Services

question 6

Multiple Choice

Simpson's Lawn Services decides to offer two free mowing services for all customers who booked garden landscaping in the fall.Which of the following forces is Simpson's Lawn Services addressing?

• A)the control exercised by Acme Corp. ,who supplies Simpson's with lawn mowers
• B)the power held by the landlord of the Simpson's office space
• C)the threat posed by Roger's Landscapes,a new competitor
• D)the bargaining power of the City Football Club who are Simpson's customers

---

Definitions:

Promissory Note

A financial document in which one party promises to pay another party a specific sum of money on a specified date or on demand.

Code Requirements

The standards and regulations set forth in legal codes that must be adhered to in specific contexts, such as building or manufacturing.

Holder in Due Course

Refers to a party who has acquired a negotiable instrument in good faith and for value, thereby having certain protections against defenses and claims that could be asserted by prior parties.

Outstanding Debt

The total amount of borrowed money that is still owed to lenders and has not yet been repaid.