Rona and Savannah do business as Treasure Island Traders. Acting in good faith on the firm's behalf in a deal with Unlimited Potential, Inc, Rona makes an honest error in overestimating the profit. To her firm, Rona is
a. liable for breach of the duty of care.
b. liable for breach of the duty of economic sense.
c. liable for breach of the duty of loyalty.
d. not liable.
d
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Which of the following describes how a local firm could defend its local market against a global company?
A) It should reduce its price and begin competing on price differentiation. B) It should emphasize its home country or ethnic origin. C) It should increase advertising expenditures and continue with the same message as before. D) It should increase its research and development expenditure and enhance its product.
What are the two types of interactive activities that an organization can use to improve upward communications? Provide an example of each type.
What will be an ideal response?
If a tax-exempt organization is found by the IRS to have paid unreasonable benefits, the individual must pay a tax penalty of 25% of the excess benefit and the individuals who approved the benefits must pay a 10% penalty.
Answer the following statement true (T) or false (F)
Refer to the following selected financial information from Troy Manufacturing. Compute the company's working capital. Current Assets306,450 Plant assets338,000 Current Liabilities107,800 Net sales676,000 Net Income75,000
A. $568,200. B. $231,450. C. $198,650. D. $536,650. E. $230,200.