A principal is exposed to tort liability whenever a third person sustains a loss due to an agent's misrepresentation.
Answer the following statement true (T) or false (F)
True
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The implied warranty of merchantability is also known as the implied warranty of fitness for a particular purpose.
Answer the following statement true (T) or false (F)
An assistant heard his supervisor in the supply room yell, "Call Crate & Barrel - we need another case of its coffee mugs for the conference next week." The supervisor was asking the assistant to make a
A. make-buy. B. modified rebuy. C. standard reorder. D. straight rebuy. E. new buy.
The stage of team development in which the leader attempts to set up ground rules of behavior is called ______.
a. forming b. storming c. norming d. performing
The term "inventory" indicates
A) merchandise held for sale in the normal course of business B) materials in the process of production or held for production C) supplies D) both (a) and (b)