Contracts that are implied in law:
a. are obligations imposed by law on grounds of justice and equity.
b. are intended to prevent unjust enrichment.
c. do not rest upon the assent of the contracting parties.
d. All of these.
d
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In a shipment contract, "FOB" stands for ________.
A. free on board B. forbidden on board C. fee on board D. freight on board
Which group of stakeholders' primary interests include maximizing profits, growing market share, and high return on investment?
A. Partners/Suppliers B. Community C. Shareholders/Investors D. Government
Which of the following is not true about a consultative style of leading?
a. It gives followers a sense that they are involved in decision-making. b. It does not involve true participation (in decision-making) by followers. c. Authority or control remains with the leaders. d. It is not popular among leaders.
In a perpetual inventory system, merchandise returned to vendors reduces the merchandise inventory account
Indicate whether the statement is true or false