KnockKnock is a manufacturer of stainless steel locks that are well-known for their durability. The company contacts a new stainless steel supplier and enters into a supply contract
The contract states that KnockKnock would purchase only if the steel from the supplier was high-grade Type 102 stainless steel. This is an instance of a ________.
A) condition subsequent
B) concurrent condition
C) covenant
D) condition precedent
D
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A leader with a learning orientation is ______.
a. an active feedback seeker b. an active feedback receiver c. both an active feedback seeker and receiver d. usually only a feedback giver
Characteristics of a general partnership include all of the following except:
A. Mutual agency. B. Limited life. C. A corporate business income tax. D. Unlimited liability. E. Voluntary association.
A useful measure of inventory performance is called "dollar days." In which of the following areas are dollar days measurements not useful?
A. Project management B. Marketing C. Research and development D. Purchasing E. Manufacturing
A ______ requires that each partner act in good faith for the benefit of the partnership
a. partnership relationship b. contractual relationship c. fiduciary relationship d. contractual promise e. none of the other choices are correct