Employees Cannot Bind a Company to an Agreement Unless the Owner

question 131

True/False

Employees cannot bind a company to an agreement unless the owner intended for them to do so.

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Definitions:

Sales Call Allocation

The process of determining and assigning the appropriate amount of sales calls to different prospects or customers.

Nonselling Time

Periods during a salesperson's schedule that are not directly involved in selling activities, such as travel, administrative tasks, and training.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.