Jaclyn, an agent for Kilpatrick, enters into a contract on Kilpatrick's behalf with Leif that must be in writing to be enforceable under the Statute of Frauds. Under the equal dignity rule, Jaclyn's authority to enter into this contract

A. may be oral or written.
B. must be oral and written.
C. must be written.
D. cannot be oral or written.


Answer: C

Business

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Because of the nature of vendor-managed inventory,

A. third party logistic companies have become necessary. B. retail buyers and planners no longer need to monitor inventory levels and place orders. C. there are many delays in replenishment as it's not a collaborative approach. D. DCs need to run around the clock as deliveries arrive after hours and on holidays. E. EDI is now obsolete.

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What is an economic theory that assumes that people act in self-interest and that conflict is caused by people’s drive to maximize their own or their group’s rewards to the detriment of other groups’ interests?

a. intersectionality theory b. relative deprivation theory *c. realistic conflict theory d. equity theory

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Which of the following is not a characteristic of e-teams?

A. Most of the interactions among members of e-teams occur through electronic communication channels. B. E-teams generally perform simple tasks. C. E-team members either work in geographically separated workplaces or may work in the same space but at different times. D. E-teams may have members working in different spaces and time zones.

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You are starting a market research company with a single business partner and are planning the hardware and software need for the two of you. Which factors should play into your decision of how much to spend on these investments?

What will be an ideal response?

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