In contract law, the non-breaching party is compensated by the payment of ________ damages to make up for their real financial losses.
A. punitive
B. incidental
C. consequential
D. compensatory
Answer: D
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Answer the following statements true (T) or false (F)
1. Just like guests having moments of truth where they decide to come back to an establishment, employees have moments of truth where they decide to continue working for managers. 2. Guests are typically very curious about which part of the service system failed when they are not satisfied. 3. Employees make the difference between providing a service product and co-creating one with the emotional connection necessary to create the “wow” experience. Otherwise, more pieces of the experience would be co-created using AI or other technology. 4. The term “guest promise” specifically refers to the advertised promise of service. If the guest does not feel that what they matches is equivalent with what was advertised than the promise was broken. A “guest guarantee” is the term used if the promise is verbal or written.
When the containers of a product are not tamperproof, it is termed as a ________
A) defect in manufacture B) defect in design C) defect in packaging D) failure to warn
Discuss the pros and cons of a buy-one, give-one business model
What will be an ideal response?
The ________ refers to a model act that includes comprehensive laws that cover most aspects of commercial transactions.
A. Gramm-Leach Bliley Act B. Uniform Sales Act C. Model Statutory Code for Commerce (MSCC) D. Uniform Commercial Code (UCC)