Which of the Following Statements About StubHub Is Most Accurate

question 7

Multiple Choice

Which of the following statements about StubHub is most accurate?

• A)StubHub recently purchased Amazon.com for $253 million dollars.
• B)StubHub was recently purchased by eBay.
• C)Stub Hub had plans to enter the European market,but EU regulations made the plan unfeasible.
• D)StubHub and Ticketmaster have a nonbinding agreement to cater to separate market segments (sports vs.concert)to avoid undue competition.
• E)StubHub has had difficulty selling tickets in some states because they view the brokering of tickets as ticket scalping,which is illegal.

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Definitions:

Ratification

The act of officially approving or confirming an agreement or action, making it valid and binding.

Implied Ratification

The acceptance or approval of a previously unauthorized act by behaving in a manner that acknowledges the act as authorized.

Express Ratification

Formal approval or confirmation of an act or agreement, usually explicitly and often in writing, making it officially valid.

Misrepresentation

The act of giving a false or misleading statement about a material fact, often leading to a breach of contract.