Quasi Contracts Are Used to Provide a Remedy When the Parties

question 12

Multiple Choice

Quasi contracts are used to provide a remedy when the parties enter into a(n) :

• A) void contract.
• B) implied in fact contract.
• C) situation in which promissory estoppel applies.
• D) All of these.

Differentiate between standard charitable contributions and cause marketing.

Define green marketing and provide real-world examples.

Analyze factors influencing unethical consumer behavior.

Explain the major concepts of social responsibility.

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Definitions:

Early 1970s

A period that marks the beginning of the 1970s decade, often associated with significant cultural, political, and social changes worldwide.

Labor Market Segmentation

Is the division of the market for labor into distinct settings. In these settings, work is found in different ways and workers have different characteristics. There is only a slim chance of moving from one setting to another.

World War II

A global conflict that took place from 1939 to 1945, involving most of the world's nations and culminating in significant changes to global power dynamics.

Labor Homogenization

Labor homogenization refers to the process by which the workforce becomes more uniform in skill set, wages, and working conditions, often due to globalization or technological advancements.