The manager of a large luxury hotel chain is currently negotiating a four year contract with a linens supplier. The linens company will supply fresh laundered bedding and towels to the hotel over a four year period; however, the hotel chain can ends its contract with the linens company at the end of the first, second, or third years if the linens company does not supply quality linens. What can
the manager of the hotel chain do to avoid the end-game problem?
A) Inform the linens company that the hotel chain will nominate them for a linens industry award if the linens company provides quality linens all four years.
B) Pay the linens company in full at the beginning of the first year.
C) Pay the linens company in full after the second year.
D) Pay the linens company in full at the end of the third year.
A) Inform the linens company that the hotel chain will nominate them for a linens industry award if the linens company provides quality linens all four years.
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The Federal Trade Commission was established in the 1930s under President Franklin D. Roosevelt
a. True b. False Indicate whether the statement is true or false
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Tom is an organic gardener. For several years, he produced only for his own consumption. Last year, he sold his vegetables at a farmer's market. This year, he sold all of his vegetables to a company producing organic vegetable soup. When is the value of Tom's vegetables included in GDP? a. None of his production is included in GDP, since it is considered home production
b. Only when he sells his vegetable at the farmer's market. c. Only when he sells his vegetables to the organic soup company. d. When he sells his vegetables at the farmer's market and when he sells the vegetables to the organic soup company.