You Go to a Flea Market and Buy a LCD

question 35

Multiple Choice

You go to a flea market and buy a LCD TV for $100.One day you receive a notice that the owner of the TV,which had been stolen from her house and sold by the thief at the flea market,wants the set back.She says if you do not return the TV she will sue you for:

• A)fraud,and probably win even though you did not know the set was stolen
• B)conversion,and probably lose because you did not know the set was stolen
• D)fraud,and probably lose because you did not know the set was stolen
• D)theft,and probably lose because you did not know the set was stolen
• E)none of the other choices

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Definitions:

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.

Competency

The combination of knowledge, skills, and behaviors that is required for effective performance in a given role or job.

Collective Learning

The process by which a group acquires knowledge and skills through shared experiences, leading to improvement in performance or understanding.

Outsourcing

The business practice of hiring external parties to perform services or create goods that traditionally were performed in-house by the company's own staff.