Of the Adopters of New Technologies, the Members of the Early

question 122

Multiple Choice

Of the adopters of new technologies, the members of the early majority

• A)are more skeptical of technological change and approach innovation with caution.
• B)include organizations to which others look for leadership.
• C)tend to be isolated and highly conservative.
• D)are critical to the success of a new technology.
• E)tend to be the most adventurous and willing to take risks.

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Definitions:

Consideration

The value (such as money, services, or goods) exchanged between parties in a contract, making the agreement legally binding.

Apparent Authority

The impression given by a principal to a third party that an agent has the authority to act on the principal’s behalf.

Agency Relationship

A legal relationship wherein one party, the agent, is authorized to act on behalf of another party, the principal, in business transactions.

Consideration

In contract law, consideration refers to something of value that is exchanged between parties as part of an agreement, making the contract legally binding.