What Was the Result in the Case Nugget, Lefkowitz V

question 34

Multiple Choice

What was the result in the case nugget, Lefkowitz v. Great Minneapolis Surplus Store, Inc., involving an advertisement for the sale of fur coats?

• A) The court ruled that the advertisement was not an offer because it involved a luxury good.
• B) The court ruled that the advertisement was an offer but that the customer who was suing had not properly accepted.
• C) The court ruled that the advertisement was not an offer because it was a ridiculously low offer which the plaintiff should have known was not to be taken seriously.
• D) The court ruled that the ad was not an offer because ads are never offers, only invitations for customers to make an offer.
• E) The court ruled that the ad was an offer and that the plaintiff properly accepted it.

Recognize the contribution of personality traits and theories in understanding workplace dynamics and employee management.

Understand the influence of global cultural dimensions, including uncertainty avoidance, power distance, and cultural orientation, on personality and behavior within organizations.

Understand the impact of power distance on employee-manager relationships and workplace behavior.

Distinguish between cultures with emphasis on individualism versus collectivism.

---

Definitions:

Air Pollutants

Substances in the air that can cause harm to humans and the environment.

Plastic Containers

Manufactured receptacles made from plastic materials, used for storing, transporting, and packaging goods.

Economic Inefficiency

A situation where resources are not allocated in the most effective way, resulting in waste or loss of potential benefit to society.

Externalities

Economic side effects or consequences that affect uninvolved third parties; can be either positive or negative.