Which of the Following Are Characteristics of Internal Agents

question 24

Multiple Choice

Which of the following are characteristics of internal agents?

• A)They participate in economic events, but do not assume control of the resources.
• B)They are employees of the company whose system is being modeled.
• C)They participate in economic events, but not in support events.
• D)All of the above.

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Definitions:

Breach of Contract

The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.

Merchant

An individual or business involved in the wholesale or retail sale of goods.

Firm Offer

A proposal in business transactions that remains valid for a specified period and cannot be revoked during that time.

Merchant

An individual or business engaged in the wholesale or retail trading of goods and services, traditionally involved in buying and selling with the aim of earning a profit.