Jim agreed to pay jose $1,000 by check, provided he is able to sell his farm. however, he did not mention the number of days it would take for him to sell the farm nor did he provide a contingency date. which of the following is legally permissible in this scenario? a. jose can take possession of jims farm as repaymentb. jims promise to pay is valid as he has offered jose the moneyc. jim can wait till he sells the farm and then pay the moneyd. jims promise to pay is conditional and he must remake the promise

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

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