Torts are civil wrongs that arise from contracts
a. true
b. false
Answer: a. true
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The purpose of line extensions under an umbrella brand is to leverage the awareness and image of the umbrella brand
Indicate whether the statement is true or false
Of the following activities routinely performed by salespeople, which one contributes LEAST financially to both the salesperson and the company?
A) service calls B) face-to-face selling C) telephone selling D) waiting and traveling E) billing clients
Answer the following statements true (T) or false (F)
An organization that allows its employees to exercise their voice in the workplace using democratic principles similar to those that are commonly accepted in a democratic society is one that exercises industrial democracy. The concept of employee voice suggests that employees should have the right to express their opinions in the workplace but only if they are consistent with the majority of employees or with the employer's perspective. While voice and equity are important to the employment relationship, efficiency is really the critical component. If an employer can be efficient, equity and voice will naturally follow. In the U.S., an employer has a right to own property and make a profit but society has the right to place limitations and restrictions on how those profits are made. Conflicts between what the employee wants and what the employer wants are generally resolved privately between the individual and his/her employer.
Describe a straight rebuy situation, and explain how it differs from a modified rebuy.
What will be an ideal response?