If Fast Prints Has a Contract with Local Couriers to Deliver

question 97

Multiple Choice

If Fast Prints has a contract with local couriers to deliver their products to customers located throughout the city, this is an example of______ .

• A)forward integration
• B)a market transaction
• C)outsourcing
• D)backward integration

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Definitions:

Rescinding

The action of revoking, canceling, or repealing a contract, agreement, or law.

Respondeat Superior Liability

A legal doctrine holding employers or principals liable for the wrongful acts of their employees or agents, performed within the scope of their employment or agency.

Principal

The original amount of money borrowed or invested, excluding any interest or dividends.

Fault

In legal terms, refers to culpability or responsibility for wrongdoing or an accident, often determining liability in civil cases.