Janet was employed as a sales representative for Esday, Inc An appreciative customer gave her a diamond bracelet for all her hard work on a complicated contract. Can Janet keep the bracelet?
a. Yes. The bracelet was given to Janet personally and intended for her.
b. Yes, but only if she discloses the gift to Esday and Esday consents to her keeping the bracelet.
c. No. An agent is not allowed under any circumstances to personally profit as a result of the agency relationship.
d. No. The bracelet is regarded as an unfair trade practice and violates antitrust law.
b
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A retailer's target market consists of people who usually will not consider a new idea until others have tried it and liked it. These potential customers have a lot of contact with mass media and salespeople but usually are not opinion leaders. These target customers are
A. laggards. B. the late majority. C. early adopters. D. innovators. E. the early majority.
Choose the correct verb in parentheses. The symphony (raises, rises) a lot of money through its silent auction
Feelings are neither right nor wrong, but behavior is.
Answer the following statement true (T) or false (F)
Assume the following information about the market and JumpMasters' stock. JumpMasters' beta = 1.50, the risk-free rate is 3.50%, the market risk premium is 10.0%. Using the SML, what is the expected return for JumpMasters' stock?
A) 7.50% B) 13.50% C) 18.50% D) 27.00%