In Yin v. J's Fashion Accessories, the court stated that in most cases if an agent makes a contact without identifying his principal, the agent incurs personal liability for the contract

a. True
b. False
Indicate whether the statement is true or false


True

Business

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The key to good quality control is to have periodic inspection points staffed by qualified quality control personnel

Indicate whether the statement is true or false

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A company enters into a contract to purchase a certain quantity of goods from another company during the following month. At this point, would a liability exist? Explain why or why not

Business

Cyclone Appliances has developed a new European-style convection oven that will be made on an assembly line. The schedule requires 80 ovens in an 8-hour day. The assembly includes seven tasks

The table below indicates the performance time and the sequence requirements for each task. Task Performance Time (minutes) Task must follow Task listed below A 1 B 2 A C 3 B D 2 B E 4 C, D F 1 E G 2 F (a) What is the cycle time for this assembly operation? (b) What is the theoretical minimum number of workstations? (c) Draw the precedence diagram.

Business

Velocity Inc., a manufacturer of sports shoes, conducted a marketing research study and found that a vast majority of consumers recall the company's "Accelerate further" slogan. In this scenario, it can be concluded that

A. Velocity is using a concentrated marketing program. B. consumers have favorable attitudes toward Velocity. C. consumers have evaluated Velocity's products. D. consumers are aware of Velocity's advertising. E. Velocity has adopted a niche marketing strategy.

Business