Yum! Brands, the restaurant division of PepsiCo, has 12,600 KFC restaurants abroad, with more than 3,700 restaurants in China. Many of the latter are locally owned and subject to a contractual agreement that allows the owners to operate the business under the established KFC brand name and according to specific rules. Yum! Brands is engaged in
A. franchising.
B. contract manufacturing.
C. a partnership.
D. contract assembly.
E. a joint venture.
Answer: A
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Which of the following is true about the seller's duty of delivery?
A. If the goods are covered by a negotiable warehouse receipt, the buyer must indorse the receipt. B. The buyer is required to officially notify the seller once he receives the goods. C. The seller's basic obligation is to tender delivery of goods that conform to the contract with the buyer. D. The contract of sale requires the seller to deliver the goods to the buyer's place of business.
When training employees, which form of reinforcement generally works better than punishment?
a. positive b. avoidance c. negative d. extinction
The activity of buyers and sellers trading things of value so that each is better off as a result is referred to as
A. merchandising. B. personal selling. C. a marketing interchange. D. bartering. E. an exchange.
In order to be liable for a negligence tort, one must have intended the consequences of the act or
conduct in question. Indicate whether the statement is true or false