Misrepresentation, to be grounds for rescission, must be shown to have been fraudulent

Indicate whether the statement is true or false


False

Business

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When Austin asks the CEO of Diamonite about the amount of money he is prepared to spend on an individual hamper, and if the hampers are to be seasonal gifts, Austin is engaging in:

A. source partnering. B. investigative selling. C. transactional selling. D. probing. E. manipulation.

Business

Offshoring of manufacturing to countries such as Brazil and Vietnam has been encouraged by ______.

A. the need for sustainable manufacturing practices B. the higher transportation costs C. need for lower manufacturing costs D. the longer shipping times

Business

Janet mused to herself, "It has taken over 30 years, but I've finally been named CEO of a major firm. Now, I can concentrate on what I really want to do as a(n) ________ manager, to focus on the survival, growth, and overall effectiveness of our firm."

A. middle B. tactical C. external D. internal E. strategic

Business

Industries operate differently in terms of ________

A) labor intensity B) cash management C) capital intensity D) All of these

Business