Weber Has Been Arrested Four Times For, and Convicted Twice

question 9

Multiple Choice

Weber has been arrested four times for, and convicted twice of fraud. He is hired as a teller by Port Alice State Bank. He consistently underpays customers making large withdrawals, and keeps the unpaid funds for himself. When a customer attempts later to recover her unpaid funds from Weber, she discovers that Weber has disappeared. Port Alice State Bank will

• A) not incur liability since it is not liable for the crimes of its employees.
• B) not incur liability since it will be unable to recover from the now absent Weber.
• C) be liable to the customer only if it can be shown that the bank had knowledge of Weber's past.
• D) be liable to the customer, because it has negligently hired a thief.

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Definitions:

Consultative Selling

A sales approach where the salesperson focuses on creating value and trust with the buyer, often by recommending solutions that fit the buyer's specific needs.

Business-to-Business

Commercial transactions or relationships between two businesses, rather than between a company and individual consumers.

Marketing

Marketing encompasses the activities, strategies, and processes used to promote and sell products or services, including market research, advertising, distribution, and customer relationship management, aiming to satisfy customer needs and achieve business objectives.

Business-to-Government

Transactions conducted between companies and governmental bodies.