Ford Once Supplied Every Part to Its Automobiles,except the Rubber

question 139

Multiple Choice

Ford once supplied every part to its automobiles,except the rubber (though it tried to grow the trees,to no avail) .This is an example of

• A) forward vertical integration.
• B) unrelated diversification.
• C) backward vertical integration.
• D) horizontal integration.
• E) a defender strategy.

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Definitions:

Holographic Wills

Handwritten wills made by the testator, generally without formal witnessing, that may be legally binding in some jurisdictions.

Nuncupative Wills

Verbal wills made by a person in anticipation of imminent death, and witnessed by others, typically needing to meet specific legal standards to be valid.

Witnesses

Individuals who have directly seen an event, such as a crime or a transaction, and can provide a first-hand account of it.

Statute of Frauds

A legal principle requiring certain contracts to be in writing and signed by all parties involved to be enforceable, typically including contracts for the sale of land, long-term contracts, and contracts for goods over a certain value.