The court in the Schoenberger v. Chicago Transit Authority case held that:
a. the actual authority of an agent may be founded on the acts or words of the agent.
b. implied authority is such authority as the principal knowingly permits the agent to assume.
c. actual authority is such authority as a reasonable, prudent person, exercising diligence and discretion, in view of the principal's conduct, would naturally suppose the agent to possess.
d. ZuChristian had neither actual nor apparent authority to make an offer of a specific salary or to make a promise of additional compensation.
d
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In the case LafargeHolcim and ISIS in Syria, a utilitarian benefit of keeping the plant open was:
A. Employees received paychecks. B. The local community lost jobs. C. Worker lives were in danger. D. Operations were under threat.
Product mix depth refers to the ________
A) number of versions offered for each product in the line B) ways in which the various product lines are related C) number of different product lines the company carries D) total number of items a company carries within its product lines E) total market share captured by the entire product line
A company's acceptance of credits cards, like MasterCard, is an example of factoring with recourse
Indicate whether the statement is true or false
Management at a chain of Indiana grocery stores with a long history of purchasing products from Miller Meat is unhappy with the timing of deliveries
In fact, the grocery store's management is considering switching to another meat supplier who will delivery more frequently. This is an example of a(n) ________ conflict. A) independent channel B) vertical C) horizontal D) intermodal E) conventional