No apparent authority exists where the third party knows that the agent has no actual authority
a. True
b. False
Indicate whether the statement is true or false
True
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Chuck Olson, age 16, buys a used car from Bobby Duncan Used Cars Center on September 15, 2006. Olson agrees to pay $200 a month for 12 months. A month after the purchase, Olson is involved in an accident that wrecks the car. He immediately calls Duncan Cars and informs them that he is disaffirming the contract. According to traditional common laws, which of the following is most likely to be true?
A. Olson can ask Duncan to pay for the damages as he hasn't made the full payment for the car. B. Olson can successfully press charges and force Duncan to take care of the damages caused to the car. C. Olson has to pay for the damages and then return the car to Duncan. D. Olson does not have a duty to place Duncan in status quo ante.
A useful approach for managing a project is the critical path method (CPM), which involves dividing the research project into component activities, determining the sequence of these activities, and estimating the time required for each activity
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Organizational Stewards develop transactional relationships with their organizations. 2. Social auditing is becoming a common business practice. 3. There is no guarantee the higher CSR will lead to higher company profits. 4. At the foundation level of CSR, an organization must be profitable otherwise they could go bankrupt and may not be able to carry on. 5. Corporate advocacy is purely for monetary gains.
Four companies dominate the cereal industry. These firms produce in large volumes, promote heavily, and control access to the supermarket shelves through "slotting allowances," which are payments to retailers in return for shelf space. These combined factors have allowed these four firms to create ________ over the competition.
A. locational excellence B. a sustainable competitive advantage C. product excellence D. customer excellence E. identical marketing mixes