Chile has a civil law system. In theory, in this system, the courts
A. are obligated to follow the doctrine of stare decisis.
B. may not develop their own laws.
C. must create new rules of law.
D. must develop legal concepts by case law.
Answer: B
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Janine buys swimwear for a chain of apparel stores. At a recent trade show, she took the opportunity to meet with a few vendors. During a meeting with the vendor that she normally purchased from each season, he proposed a weekend in the Cayman Islands to view the swimwear that European tourists were wearing. Janine knows that it would be beneficial to see what European tourists are wearing and then translate what she is seeing into her assortment for her target customers. Before continuing her discussions with the vendor, what should she do?
A. She should check to see if there might be a better place than the Cayman Islands to scope out swimwear trends. B. She should look at her budget to see how much product she would be able to purchase from this vendor this season. C. She should ensure that all her work is completed before she leaves for an extended weekend. D. She must inform her divisional merchandise manager of the proposal. E. She should see what other vendors might be offering.
The cash budget and the capital budget are handled separately, and although they are both important, they are developed completely independently of one another.
Answer the following statement true (T) or false (F)
Which of the following statements about deceptive advertising is true?
A. To be labeled as deceptive, ads must contain some claims that have not been previously substantiated. B. To be deceptive, advertising claims must be factually false or convey a false impression. C. Exaggerated, subjective claims that cannot be proven true or false are considered deceptive advertising. D. Deceptive advertising is sometimes used because it establishes long-term consumer confidence in the product being advertised. E. Deceptive ads serve the best interests of the advertisers.
Which of the following would an organization choose if it wanted to pursue an efficiency strategy for its location driver?
A. Centralize the location to gain economies of scale. B. Decentralize the locations to be closer to the customers. C. All of the above. D. None of the above.