Which of the following is true of a unilateral mistake?
A. Only one mistake or ambiguity is present in the subject matter of entire contract.
B. Out of several contracts drafted simultaneously between two parties, one has a mistake in its subject matter that does not concern the other contracts.
C. Only one party is mistaken about a material fact regarding the subject matter of a contract.
D. A single mistake about a material fact in the subject matter of a contract appears several times in the contract.
Answer: C
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Which of the following types of quotas is most likely to give extra incentives to sell higher priced items?
A) profit based quota B) combination quota C) sales volume based quota D) market based quota
Which of the following statements should a manager use to effectively communicate with an employee who has recently learned to speak English?
a. We have our competition between a rock and a hard place. b. Your quarterly sales figures have gone through the roof. c. Bob must be off his rocker if he expects us to complete the report today. d. The points in your proposal are exactly what I was looking for.
Demand forecasts and market intelligence inputs are fed to sales and operations plans by the ______ department.
A. marketing B. human resources C. finance D. operations
________ will be award when the item in a contract dispute is unique
Fill in the blanks with correct word