Ramon Contracts in Writing to Sell His Little Shop of Bagels

question 35

Multiple Choice

Ramon contracts in writing to sell his Little Shop of Bagels to Suni.When Suni discovers that the kitchen equipment has been removed,she files a suit against Ramon.The court decides that the written contract includes everything that the parties intended.An agreement about the kitchen equipment may be admissible if it is

• A)a previous agreement.
• B)not otherwise contained in the parties' contract.
• C)a subsequent modification of the parties' contract.
• D)under no circumstances.

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Definitions:

Pricing Strategy

An approach a business takes to set its products' or services' prices, considering factors like market demand, competition, cost, and desired profit margins.

Service Marketing Strategy

Approaches and methodologies used specifically for marketing services, focusing on the unique characteristics of services like intangibility and inseparability.

Inseparability

A characteristic of services that denotes the simultaneous production and consumption, meaning the service cannot be separated from its provider.

Off-Peak Pricing

Pricing strategy that offers lower prices during times of less demand to encourage usage or purchase during those times.