The principal must do nothing to interfere with the reasonable conduct of an agent as agreed upon in an express or implied contract

Indicate whether the statement is true or false


TRUE

Business

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Which of the following is true of the benefits offered by Internet shopping? 

A. Customers can get information that is useful across channels. B. The Internet offers a limited assortment of products. C. The Internet is not economically viable for retailers looking to expand their markets. D. It has limited effectiveness in making personalized recommendations. E. The perceived risk is lower when compared to store channels.

Business

Mungo Pet Supplies makes cat trees for several pet store chains. They order rolls of carpet (used to cover the trees) from a supplier. Mungo’s management has decided to use an EOQ model. The annual demand for carpet is estimated to be 1,000 rolls. The purchase price per roll is $20 and estimated inventory carrying cost rate is 25%. The cost to place an order from the supplier is $30. What is the total annual cost for the optimal order quantity?

a. $109.54 b. $600 c. $547.72 d. $273.86

Business

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 could print and sell lengthy course packets of copyrighted material under the "fair use" doctrine.

Business

Gross rating points (GRP) measure how often the audience is exposed to a communication within a specified period of time.

Answer the following statement true (T) or false (F)

Business