Matching Ethical Type to Example

question 12

Multiple Choice

Matching Ethical Type to Example
-Honestly representing a product in a sales pitch.

• A)People issue
• B)Conflict of interest
• C)Customer confidence issue
• D)Use of corporate resources

Describe the doctrine of estoppel and its implications for enforcing nontraditional promises.

Comprehend the legal implications of accepting less than owed and its effect on debt obligations.

Analyze the legal aspects of gratuitous acts and their enforceability without consideration.

Evaluate the legal responsibilities arising from professional services, including those provided voluntarily.

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Definitions:

Early Adopters

Individuals or organizations that quickly embrace new technologies or innovations before the majority of the population, often influencing later adoption by others.

Boutiques

Small, specialized shops or businesses that offer unique, often high-end or niche products.

Dynamically Continuous Innovation

A type of innovation that has a moderate impact on existing consumer habits and behavior, requiring some learning or change.

Discontinuous Innovation

A type of innovation that creates a significant change in the way a market operates, often by introducing a new product or service that creates a new market.