In Entering into Contracts for Services,customers Might Be Influenced by Statements

question 58

Essay

In entering into contracts for services,customers might be influenced by statements made by sales representatives.Businesses offering services often use standardized form contracts.Under the parol evidence rule,pre-contract statements made in these circumstances are effectively unenforceable.How can a business effectively and ethically use standardized form contracts and the parol evidence rule?

Understand the concept of optimal transfer pricing in a monopolistic market.

Analyze the impact of external factors such as raw material cost changes on optimal transfer pricing and overall firm strategy.

Recognize how variation in production and assembly costs influences transfer pricing and production quantity.

Understand how external market conditions, including tax rates and competitive markets, affect transfer pricing decisions.

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