Which of the following statements is true regarding an agency by estoppel?
a. The principal is liable to a third party who has a reasonable belief that an agency has been created.
b. The principal is never liable because her identity is undisclosed to the third party.
c. An agency by estoppel is a legitimate agency based on a contract between the principal and the agent.
d. An agent lacks right to compensation in an agency by estoppel.
a
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Corporation ABC is in a highly competitive industry. NGO pressure has been exerted to have this industry change its sourcing policies. ABC decides to publicly announce that it is the first in the industry to change in sourcing policy. Spar and LeMure define this as a ________ response type used to gain a ________ advantage over others in the industry.
A) competitive; pre-emption B) resistance; pre-emption C) pre-emption; competitive D) capitulation; competitive E) resistance; collective
The second stage in the consumer purchase decision process involves searching for information, which may include an internal search and/or an external search. What is this stage called?
A. purchase decision B. alternative evaluation C. problem recognition D. postpurchase behavior E. information search
Statistical process control (SPC) is the application of statistical techniques to determine whether a quantity of material should be accepted or rejected
Indicate whether the statement is true or false
Match each of the following intangible assets with its proper general category.
______1) Order backlogs ______2) Trademark ______3) Franchise ______4) Patented IT program ______5) Copyright A. Technology B. Customer C. Contract D. Artistic E. Marketing