Which of the following will be considered the lowest source of law and be voided or prevailed over by the others.
a -congressional statue
b -state constitution
c -federal administrative regulation
d -amendment to the US consitution
Ans: b -state constitution
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Which of the following is true of business marketing?
a. It refers to the sale of goods and services for the purpose of personal consumption. b. It deals with products that are used to facilitate an organization's operations. c. It sells goods and services only to organizations. d. It depends largely on social media for increased profits.
In the context of gathering prospect information to prepare for sales dialogue, which of the following conveys specific information about the selling situation to the salesperson?
A. The communication style of the buyer B. The buying process C. The buyer's preferred method of prospecting D. The likelihood of obtaining a referral from the buyer E. The extent of commoditization
Assignment. On August 8, 1978, the plaintiff, Shirley Petry, entered into a contract with the defendant, Cosmopolitan Spa International, Inc The contract was for a spa membership that was to include "processing, program counseling, and facilities
usage." The written contract contained an exculpatory clause. The pertinent part of the clause stated, "Member fully understands and agrees that in participating in one or more of the courses, or using the facilities maintained by Cosmopolitan, there is the possibility of accidental or other physical injury. Member further agrees to assume the risk of such injury and further agrees to indemnify Cosmopolitan from any and all liability to Cosmopolitan by either the Member or third party as the result of the use by the Member of the facilities and instructions as offered by Cosmopolitan." On or around January 1, 1980, Cosmopolitan sold the spa to Holiday Spa of Tennessee, Inc On February 25, 1980, the plaintiff, Shirley Petry, injured her back when she sat on an exercise machine and it collapsed under her. She brought suit against both Cosmopolitan and Holiday for damages for personal injuries resulting from the defendants' negligence in properly maintaining the exercise machine. The defendants claimed that the exculpatory clause negated their liability. Petry argued that Holiday could not use the excul-patory clause as a defense because it was part of a contract for personal services, and therefore the contract was not assignable. What will the court decide? Discuss fully.
Identifying the stakeholders—people who have a vested interest in the outcome of the decision—is the last step in analyzing an ethical issue
Indicate whether the statement is true or false