What type of employee receives ethics training most often across all professions?
a. managers
b. new hires
c. human resources department employees
d. chief executive officers
a. managers
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Promotion typically takes the long-run view
Indicate whether the statement is true or false
Genuine impasse occurs when parties deliberately refuse to proceed with negotiation as a way to gain leverage or put pressure on the other party to make concessions.
Answer the following statement true (T) or false (F)
External failure costs include:
A) lost sales. B) costs associated with product repairs made under warranty. C) product recall costs. D) all of these
E-mation entered into a contract with a consumer, Ezra, a recent immigrant to the United States, who spoke very little English, and had no formal education. The contract provided for Ezra to pay $2500 for a computer system. The system was worth $400. If E-mation sued Ezra for enforcement the contract, what is the most likely result?
A)The contract is enforceable because of usury statues. B)The contract is unenforceable because it is ancillary to a legitimate bargain. C)The contract is enforceable because of the exculpatory clause. D)The contract is unenforceable because it is unconscionable.