Lucas, a car salesperson, has to sell John's car. John informs Lucas that the car was repaired after it was involved in a major accident If Lucas intentionally tells the buyer of the car that the car was never involved in an accident, he has committed the tort of ________.
A) substantial frolic and detour
B) intentional misrepresentation
C) self-dealing
D) competing with the principal
B) intentional misrepresentation
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The measure of variability that is influenced most by extreme values is the
A. variance. B. standard deviation. C. range. D. interquartile range.
The 99-Center is a retail store where all the merchandise is priced at 99 cents. This retailer uses a _____.
A. single-price tactic B. flexible pricing tactic C. price lining tactic D. price bundling tactic
Maybelline used Sarah Michelle Gellar, an actress, to endorse a new range of cosmetics. This message execution style is referred to as ________
A) lifestyle B) testimonial evidence C) image D) technical expertise E) personality symbol
Which of the following steps would help decrease business risks?
A. Making specific plans for and arrangements to deal with foreseeable events B. Having separate codes of conduct for employees at different tiers of the management C. Assuming employees will follow basic workplace etiquettes without a written code of conduct D. Ensuring employees have easy access to valuable assets