Which of the Following Are Among the Best Sources for Finding

question 65

Multiple Choice

Which of the following are among the best sources for finding new product ideas?

• A)company, customers, competition, and collaborators.
• B)trade magazines, television, and the internet.
• C)government statistics, demographic charts, and psychological profiles.
• D)reverse engineering, industrial spying, and out-of-date patents.
• E)rumors, stories, and intuition.

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Definitions:

Express Authority

The clear, direct authority granted by a principal to an agent, specifically outlined in their agreement.

Actual Authority

An agent’s ability to affect the principal’s legal relations. Consent must be communicated to the agent.

Authorized Sale

A sale that is officially approved or permitted by the relevant authority or governing body, often following designated protocols or rules.

General Agents

Individuals authorized to perform a broad range of actions on behalf of another person or entity.