[Overstock] Mark Owns an Electronic Resale Store

question 49

Multiple Choice

[Overstock] Mark owns an electronic resale store. Before Mark left for the weekend, he told Charlie, an employee, not to purchase any more compact discs (CDs) from customers because they were already having a difficult time selling the ones they had in stock. While Mark is gone, Charlie forgets Mark's instructions and buys nine CDs from customers.
-What if instead of Mark directing Charlie not to buy any CDs he said, "I don't think it is a good idea to buy CDs because we cannot sell the ones we have in stock." Charlie still purchased nine CDs from customers. Would Charlie be liable to Mark?

• A) No, because Mark did not put his requirement in writing.
• B) No, because Mark cannot control every aspect of Charlie's work performance.
• C) No, because Mark's statement was merely advisory and not mandatory.
• D) Yes, because Charlie did not follow Mark's instructions.
• E) Yes, because Charlie should have known it was not in Mark's best interests to purchase more CDs when they have a massive overstock.

Understand the historical context and purpose of intelligence testing, including the original tests by Binet and Simon.

Recognize the diverse definitions of intelligence across different cultures and the implications for cognitive assessments.

Grasp the significance of organizing information in meaningful ways to enhance memory performance.

Understand the necessary conditions for applying Piaget's procedures universally and accurately within diverse cultural contexts.

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Definitions:

Farmer's Market

A physical retail marketplace intended for farmers to sell directly to consumers fresh produce and local goods.

Price Elasticity of Demand

The degree to which the quantity demanded of a good changes in response to a change in its price, holding everything else constant.

Air Travel

The act of travelling from one place to another through the atmosphere, typically using airplanes.

Business Travelers

Individuals who travel primarily for business purposes, including conferences, meetings, and client visits.