An agent has the implied authority to do what is reasonably necessary to carry out express authority.
Answer the following statement true (T) or false (F)
True
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When writing about a claim or adjustment, it is often most effective to show the reader how the company is responsible for the issue and clearly identify steps that will be taken if they don't honor the claim or adjustment
Indicate whether the statement is true or false.
Which of the following is true about joint venturing?
A) Management contracting is highly risky for the domestic firm. B) Contract manufacturing gives significant control to the domestic firm. C) Licensing is a highly complex method for entering global markets. D) A host country partner is necessary for selling or marketing products. E) Companies are required to invest in the construction of foreign-based facilities.
A buyer of $5,000 in merchandise inventory does not take advantage of a supplier's credit terms of 2/10, n/30, and instead pays the invoice in full at the end of 30 days. The buyer will pay $4,900.
Answer the following statement true (T) or false (F)
The Basic Books, Inc. v. Kinko's Graphic Corp. case held that
A. professors could print and sell lengthy course packets of copyrighted material under the "fair use" doctrine. B. professors could not print and sell lengthy course packets of copyrighted material under the "fair use" doctrine. C. professors could not use commercial printing companies under the "fair use" doctrine. D. students couldĀ print and sell lengthy course packets of copyrighted material under the "fair use" doctrine.