If an agent negligently causes harm while working for a principal, the agent alone must pay the damages for the harm caused

Indicate whether the statement is true or false


FALSE

Business

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Hugh recently purchased a motorcycle for $3,000 but has had extensive problems starting the motor. In disgust at not being able to start the motor, Hugh shouts to his friends, "Any of you want to buy this thing for $20?" A contract will be formed if a friend gives Hugh a twenty-dollar bill

a. True b. False Indicate whether the statement is true or false

Business

Which of the following does NOT generate pressure to increase inventories?

A) transportation costs B) backorders and stockouts C) inventory shrinkage costs D) quantity discounts

Business

The Resource Conservation and Recovery Act bans the disposal of hazardous wastes onto land without treatment to render them less hazardous

a. True b. False Indicate whether the statement is true or false

Business

MasterCard sends a customer a memo that discloses the true cost of borrowing with each billing statement. It does this because it realizes that the customer has the right to

A. choose. B. obtain credit. C. be heard. D. be informed. E. safety.

Business