Quality Sales Company Develops Its Marketing Strategies in Terms of What

question 7

Multiple Choice

Quality Sales Company develops its marketing strategies in terms of what its management perceives as its ethical obligations, which represent its

• A) legal liability.
• B) profitability.
• C) standards of right and wrong.
• D) unilateral corporate duties.

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Definitions:

Executory Contract

An agreement between parties that has not yet been fully performed or completed by one or more parties.

Executed Contract

An executed contract refers to a legal agreement that has been fully performed, meaning all parties involved have fulfilled their contractual obligations.

Quasi Contract

An obligation imposed by law to prevent unjust enrichment, in the absence of an actual agreement between the parties involved.

Quasi Contract Theory

A legal concept that allows a court to award damages to a party as if a contract existed, even though one does not, to prevent unjust enrichment.