Agents May Expose Themselves to Personal Liability on a Contract

question 3

Multiple Choice

Agents may expose themselves to personal liability on a contract by entering into an agreement with a third party

• A)without disclosing the fact that they are an agent.
• B)expressly describing themselves as an agent but without disclosing the identity of the principal.
• C)on behalf of a fictitious principal.
• D)on behalf of a principal for whom the agent did not have authority to act.
• E)All of these.

Comprehend the importance and applications of statistical methods in controlling and maintaining quality.

Recognize the concepts and significance of risk analysis in quality management.

Grasp the relationship between project management practices and quality, including the impact of timelines and resource management.

Identify and understand various quality standards and definitions, such as those provided by the International Organization for Standardization (ISO).

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Definitions:

Place Elements

Components of the marketing mix that focus on distribution channels and methods used to deliver the product to the customer.

Promotion Elements

Various components and methods used in marketing to communicate with the target audience, such as advertising, sales promotions, and publicity.

Marketing Research

Marketing research involves the systematic gathering, recording, and analyzing of data about issues relating to marketing products and services.