​During the First Quarter of the 20th Century,consumers Were Responsible

question 89

Multiple Choice

​During the first quarter of the 20th century,consumers were responsible for any losses they suffered due to a defective product they purchased.This is because the doctrine of ___ was applied in business transactions.

• A) ​caveat emptor
• B) ​caravan emperor
• C) ​caveat empty
• D) ​emperor penguin

---

Definitions:

Differentiated Relationships

Relationships in an organizational or social context that are not uniform but vary significantly based on factors such as role, status, or individual differences.

Idiosyncrasy Credits

A concept referring to the latitude or privilege granted to individuals allowing them to deviate from group norms because of their contributions or status.

Norms

Socially accepted rules that prescribe the expected behavior in specific contexts or groups.

Path-goal Theory

A leadership theory that states the leader's job is to assist followers in attaining their goals and to provide direction or support needed to ensure their goals are compatible with the objectives of the group or organization.