A gratuitous agent has a duty of loyalty but is not liable for any harm caused by his careless performance

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


False

Business

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Application of the product life-cycle concept to retailing suggests that all types of retailers are in early market growth due to continually increasing family income.

Answer the following statement true (T) or false (F)

Business

The objective of a ________ communication strategy is to motivate channel intermediaries to carry a particular product or brand and, in this way, make it more available to consumers

A) push B) pull C) pulsing D) lateral E) heavy-up

Business

Which of the following is NOT a true statement about fraud?

a. The plaintiff must prove that the defendant has knowledge of the falsity of his or her statement. b. It is necessary for the plaintiff to show that he or she has suffered some type of detriment or injury because of his or her reasonable reliance on the defendant's false statement. c. The defendant made the statement with the intent to induce the plaintiff to enter into the contract. d. The plaintiff must show that although the defendant acted in good faith, the statement was material because the defendant expected the plaintiff to rely on it and enter into the contract.

Business

The EEOC guidelines on age discrimination emphasize that in order to defend an adverse-employment action against employees age 40 and over, an employer must be able to demonstrate a ________ for doing so.

A. business necessity B. justifiable desire C. seniority-based reason D. good faith attitude

Business