Mike, the owner of a yogurt shop, orders 500 quarts of yogurt from his supplier. Nothing, however, is said by either party about the price or method of payment. The supplier ships the yogurt as ordered. Since this is a contract implied in fact, Mike must pay his supplier for the yogurt
Indicate whether the statement is true or false
True
You might also like to view...
A ____ is a set of tools and databases for managing information about configuration items and linking that information to related incidents, problems, known errors, changes, and releases.
A. knowledge management system B. configuration management system C. configuration management database D. knowledge database
Discretionary responsibilities are voluntary obligations a corporation assumes
Indicate whether the statement is true or false.
Approach, needs identification, presentation, negotiation, close, and servicing the sale are steps in the Six-Step ________
Fill in the blanks with correct word
Which of the following is not true with regard to opportunity costs?
A) They are the benefits forgone by selecting one alternative over another. B) They are relevant. C) They are sometimes difficult to quantify. D) They have already occurred in the past.