The name of the clause put into international sales contracts to limit the liability of the parties in the event of an intervening and disruptive force beyond a party's control makes performance more difficult than expected is:
A) Good excuse clause
B) Out of control clause.
C) Force Majeure clause.
D) Excuse moi clause.
C
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The practice of using a place of employment or institutional affiliation to recruit, or gain, clients for one’s private practice is considered
A. acceptable practice if one obtains permission from the employer
B. unethical practice
C. illegal practice
D.a common and acceptable practice within the profession
Showery Drugs is a pharmaceutical company based in Detroit. Showery Drugs expects its employees to work long hours and achieve increased production rates. Employees earn one and a half times the usual hourly rate for working more than 40 hours in one week. Which law is Showery Drugs abiding by in this scenario?
A. product market laws B. laws governing equal employment opportunity C. Fair Labor Standards Act (FLSA) of overtime D. laws governing prevailing wages E. Fair Labor Standards Act (FLSA) of minimum wage
Some retailers advertise items at very low prices or even below cost just to get customers into the store
The rationale for implementing this ________ strategy is the belief that once a customer is in the store she will buy the advertised item as well as other items at regular prices. A) bait-and-switch B) price lining C) predatory pricing D) loss leader pricing E) dynamic pricing
Which of the following is an objective of product design?
A) to design a product for minimum processing cost B) to design a product that will function as expected in the marketplace C) to design a product that will have minimum design costs D) all of the above E) A and B above