In which of the following cases of assent is the rescission of a contract unenforceable?
A) mutual mistake of value
B) misrepresentation of a material fact
C) silence as misrepresentation
D) innocent misrepresentation
A
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If a marketing manager observes that a competitor has increased his price and decreased his marketing budget, it would be an example of which of the following?
A) price differentiation B) a retreat, although only temporary C) aggressive competition for market share D) quality differentiation
Identify and give an example of three out of the six contradictions that an effective project manager must face.
Fill in the blank(s) with the appropriate word(s).
Which of the following is NOT an effective strategy for companies that want to provide strong internal communication?
a. Promote open exchange of honest, candid communication. b. Use a variety of communication channels to encourage two-way communication. c. Limit the questions employees may ask management. d. Keep employees informed of both good and bad news.
Which of the following is not a common internal control procedure that would be implemented with regards to cash receipts?
A. Providing copies of written receipts to customers B. Preparing a record of all cash collections immediately upon receipt C. Marking supporting documents Paid when checks are signed D. Depositing cash receipts in a bank on a timely basis