Scenario 9

question 130

Multiple Choice

Scenario 9.2 Use the following to answer the questions.
KFC opened its first franchised restaurant outside of North America in England in 1964. Now over a billion KFC chicken dinners are sold annually in more than 80 countries and territories around the world. KFC has established its own processing plants in these countries to ensure the quality of its chickens and other food items. In the U.S., the menu at KFC is usually the same in all restaurants, with only a very few additional items available in different regions. However, when KFC first franchised into Asian countries, it added many unusual local delicacies to the menu-items such as fried octopus and squid. Additionally, the franchised stores in Asian countries display cooked food in "plates" near windows at the front of the store. This is a tradition for many restaurants in these countries-to offer the customer passing by a preliminary view of their product.
Refer to Scenario 9.2. KFC's establishment of international production/processing facilities is an example of

• A) direct ownership.
• B) franchising.
• C) strategic alliance.
• D) outsourcing.
• E) a trading company.

Recognize the Uniform Commercial Code (UCC)'s role and its application to sales, leases, and contractual remedies.

Identify and understand the remedies available under the UCC for breaches of contract.

Understand the concept of "cover" and its implications for buyers or lessees in a sales or lease agreement.

Grasp the importance of liquidated damages and the limitations on their use in contracts.

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Definitions:

Body Salt

Minerals in the body vital for various biological processes, including electrolyte balance and nerve function, mainly comprised of sodium, potassium, and chloride ions.

Blood Sugar

The concentration of glucose in the blood, an important energy source for the body and a key indicator of metabolic health.

Blocked Airway

A condition where the passage of air is obstructed in the respiratory tract, potentially causing breathing difficulties or suffocation.

Back Slaps

A first aid technique where sharp blows are delivered to the back of a choking person to dislodge an obstruction from the throat.