Greg, who wants to sell a car he owns, authorizes his concierge, Walter, to find a potential buyer, and finalize a deal above a stipulated price

Walter contracts Jacob, an independent car sales broker, and instructs him to only find a potential buyer and send them over to Walter for the sale. Greg then contracts CarWreckers, an automobile modification company to renovate his car. CarWreckers completes its work and Greg pays them. Jacob then searches for a suitable buyer and finds one in Carl. Carl buys the car and Jacob is paid for his services. Who is the principal during the car sale transaction?
A) CarWreckers
B) Carl
C) Greg
D) Walter


C

Business

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The term "precision" relates to:

A. the difference between confidence level and tolerable error. B. the difference between expected and tolerable deviation rate. C. the difference between confidence level and estimated error. D. the difference between expected and sample deviation rate.

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Global leaders confront increased ambiguity because

A. their environment is more difficult than that of the domestic leader. B. global leaders have a problem with not enough clarity, not too much clarity. C. they find themselves unable to make decisions. D. much of the information they receive is difficult to give meaning to because it lacks clarity or has unclear cause-and-effect relationships.

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The _______________________________ is a free trade area that includes free capital and labor mobility as well as common monetary and fiscal policies for member countries in Europe.

Fill in the blank(s) with the appropriate word(s).

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According to the “leaders as mood managers perspective”, one of the duties of a leader is to:

a. help subordinates focus their attention on negative events and problems, which people normally avoid thinking about due to their mood dampening effects b. create positive affective events for subordinates, and to help subordinates cope with the negative events that do occur c. manage their own emotions, and to recognize that they have little influence over others’ emotions d. keep providing the little displays of irritation that keep employees motivated

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