Agency by ratification occurs when:
A) A person misrepresents themselves as an agent, but is not.
B) The purported principal ratifies the unauthorized act of the agent.
C) Both of the above.
D) None of the above.
C
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Which of the following statements about break-even analysis is most likely true?
A) It determines how customer-perceived value changes with value-added pricing. B) It is a tool used to calculate fixed costs. C) It is used to determine the maximum price that can be set on a product. D) It is a tool marketers use to examine the relationship between supply and demand. E) It fails to consider customer value and the relationship between price and demand.
Explain three ways that a CRM system can be used for marketing research.
What will be an ideal response?
Acceptance occurs if the buyer resells the goods delivered by the seller
Indicate whether the statement is true or false
If a client calls the law office that prepared her will and to make one minor change to that will, that client may execute:
A) a pour-over trust. B) a pour-over will. C) a codicil. D) a trust.