Bemis Is Forming Cool Air Company to Make and Sell

question 37

Multiple Choice

Bemis is forming Cool Air Company to make and sell a device that removes the heat from working kitchens and other hot rooms.In exchange for legal services to Bemis and his new firm at the start-up stage,an attorney is not likely to accept

• A)an equity stake in Cool Air.
• B)a promise of Bemis's future legal business.
• C)a flat fee or a retainer.
• D)a promise to keep the attorney's legal advice confidential.

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Definitions:

Beauty and Personal Care

Products and services aimed at enhancing physical appearance and maintaining personal hygiene.

Intertype Competition

Competition between very dissimilar types of retail outlets that results from a scrambled merchandising policy.

Scrambled Merchandising

Offering several unrelated product lines in a single store.

Hypermarkets

Large retail stores that combine a supermarket and a department store, offering a wide range of products under one roof.