Are the actions undertaken by the companies or individuals in the following scenarios legal or illegal pursuant to U.S. law? Please explain each of your answers. Scenario A cash payment of $100 made by an agent of Chicago Chemicals Company, a U.S
corporation, to a processing clerk in the Chilean Office of Business Licensing in order to expedite consideration of CCC's application for authority to conduct business operations in Chile.
Legal. The payment is grease money to a government official for the purpose of hastening the performance of a non-discretionary function.
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Agents breach their duty of loyalty by buying for the principal from themselves even if they charge a fair price. Which of the following common law duties of an agent does this violate?
A. Duty to account for funds and property B. Duty of loyalty C. Duty of indemnification D. Duty to obey instructions
Which of the following is a potential drawback of multibranding?
A) Consumers may become confused about the image of the main brand. B) An overextended brand name might lose its specific meaning for consumers. C) Different product features can appeal to consumers with different buying motives. D) The company's resources may be spread over too many brands. E) The company can occupy more retail shelf space.
_______________ is accepting of new challenges, learning new skills, and is persistent in goal achievement.
a. Leadership development b. Growth mindset c. Goal setting d. Fixed mindset
An objective function is necessary in a maximization problem but is not required in a minimization problem
Indicate whether the statement is true or false