Critical Thinking Questions

question 48

Multiple Choice

Critical Thinking Questions
Case 1-1
Christina is a salon owner in Baltimore, Maryland. She wants to create a list of all her clients in order to send them information about new promotions at the salon. She needs to purchase software to help her accomplish this. She also needs to track monthly expenses for her salon and needs software to do this as well.
What type of software should Christina purchase to create and manage her collection of customer data?

Understand and apply the principles of algebra to manipulate expressions and equations.

Understand the basic principles of agency relationships and authority types.

Recognize legal doctrines and principles applicable to employer-employee and principal-agent relationships.

Identify the factors that determine the scope of an employee's actions within the course and scope of employment.

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Definitions:

Chartered Banks

Chartered Banks are financial institutions that have been granted a charter or license by the government, allowing them to operate and offer a range of banking services, such as accepting deposits and making loans.

Secured Creditor

A creditor who has a claim on property of the debtor, giving him priority on that property over other creditors.

Guarantee

A formal promise or assurance, typically in writing, that certain conditions will be met or that a product will perform as stated.

Default

Failure to fulfill a legal obligation or condition, such as not making a scheduled payment on a loan.