As a general rule, an agent is liable on contracts entered into on behalf of a fully disclosed principal
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
The doctrine of ________ holds that, unless an agreement specifies otherwise, employers are free to fire an employee at any time and for any reason.
Fill in the blank(s) with the appropriate word(s).
Sally goes away to college at 17, lives on her own, and pays her own rent and electric bills. If she makes a contract to buy a television set, in most jurisdictions, she may assert her minority status and set aside the contract
a. True b. False Indicate whether the statement is true or false
If a retailer is reviewing its inventory and notices that the order lead time for one of the products it stocks has increased, the retailer should
A. decrease its reorder point B. increase its reorder point C. eliminate safety stock D. increase the amount of safety stock E. increase the usage rate of the product
The sales forecasting method that consists of making a product available to buyers in one or more locations and measuring purchase response is
A. a market test. B. regression analysis. C. trend analysis. D. a survey. E. the Delphi technique.