Caroline signs a contract to work as a sales rep for Incellmed Corporation for a period of two years. This contract is governed by:
A) Article 2 of the UCC.
B) state common law.
C) federal statute.
D) the law of quasi contract.
B
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At a hotel, long lines pile up at check-in and check-out each day. What is the best strategy for handling those lines?
a. close the doors b. add capacity c. arrange demand d. do nothing; simply allow lines to form
The production of goods or services tailored to cost effectively meet customers' individual needs is called
A. lean production B. just in time production C. mass production D. mass castomization
In Hendersonville, a group of salespeople get together for breakfast on the first and third Tuesday of each month. The purpose of their meeting is to share leads and prospecting tips. The group charges each member dues of $65 per quarter and participants must sell noncompetitive products. This group is an example of a(n):
A. illegal pyramid scheme. B. business network. C. list of prospects. D. sales lead club. E. orphan prospect club.
An example of escalation of commitment is ______.
A. when two coworkers cannot agree nor proceed with civil dialogue B. when a project goes over budget, but members continue to pour too many resources into it and yet the project still fails C. when the group is ahead of target and decides to expedite the final details in order to achieve the goal before the deadline D. when a team decides they need to improve upon their commitment to one another otherwise failure is inevitable