Express authority:
A) must be in writing

B) can limit the agent's authority.
C) includes customary authority.
D) None of the above


B

Business

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________ occurs when a manufacturer conspires with wholesalers or retailers to ensure certain retail prices are maintained

A) Horizontal price fixing B) Dumping C) Vertical price fixing D) Gray marketing E) Black marketing

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When forces for global integration are low and forces for national responsiveness are high, a strategy that ________ makes sense

A) treats the world as a single market B) views the marketplace as completely homogeneous C) treats the world as a portfolio of national opportunities D) standardizes all elements of the marketing mix E) facilitates a straight extension

Business

Miles worked selling products to industrial users, and spent most of his time working on customers' new buy and modified new buy situations. Miles was primarily a(n)

A. order getter. B. prospector. C. sales support rep. D. new business specialist. E. order taker.

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Warranty liability arises only when a transferor indorses the instrument

Indicate whether the statement is true or false

Business