Donton Inc

question 43

Multiple Choice

Donton Inc. dominates its market section by offering a wide range of office supplies that includes printers, furniture, and cleaning supplies to final consumers. It is evident that Donton Inc. is a _____.

• A) category killer
• B) department store
• C) supermarket
• D) supercenter

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Definitions:

Lawful Instruction

Refers to directives or orders given that are within the bounds of the law and ought to be followed by the recipients.

Apparent Authority

A situation in which a reasonable third party would understand that an agent had authority to act, even if the agent did not have actual authority.

Express Agency

A type of agency relationship explicitly agreed upon by the principal and agent, either orally or in writing.

Implied Agency

A type of agency relationship created by actions of the parties involved rather than a written agreement, suggesting that one party agrees to act on behalf of another.