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Bob is a manufacturer of artificial bananas. He believes that they are an excellent and unique energy source for athletes. He wants to use the Nike swoosh on his product. Bob may be able to secure permission from Nike to use the swoosh via a: O a) Lease Agreement O b) Easement O c) License Agreement O d) None of the Above QUESTION 46 Sally works at Bob's burgers. She is the assistant manager. As part of Sally's job she is expected to do all of the ordering of supplies for the restaurant. Sally takes advantage of here role at the restaurant and orders all of the food for her son's communion from J Kings Foods Supply on Bob's account. The communion party is long over - food eaten, etc. – long before Bob (Bob's Burgers) finds out. In the above scenario O a) Bob's Burgers is the Agent O b) Sally is the Principal O c) Bob's Burgers is the Principal O d) None of the Above QUESTION 47 As part of Sally's job, she is expected (by Bob's Burgers) to do all of the ordering of supplies for the restaurant. True or False: This is known as actual authority.

Bob is a manufacturer of artificial bananas. He believes that they are an excellent and unique energy source for athletes. He wants to use the Nike swoosh on his product. Bob may be able to secure permission from Nike to use the swoosh via a: O a) Lease Agreement O b) Easement O c) License Agreement O d) None of the Above QUESTION 46 Sally works at Bob's burgers. She is the assistant manager. As part of Sally's job she is expected to do all of the ordering of supplies for the restaurant. Sally takes advantage of here role at the restaurant and orders all of the food for her son's communion from J Kings Foods Supply on Bob's account. The communion party is long over - food eaten, etc. – long before Bob (Bob's Burgers) finds out. In the above scenario O a) Bob's Burgers is the Agent O b) Sally is the Principal O c) Bob's Burgers is the Principal O d) None of the Above QUESTION 47 As part of Sally's job, she is expected (by Bob's Burgers) to do all of the ordering of supplies for the restaurant. True or False: This is known as actual authority.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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QUESTION 45 Bob is a manufacturer of artificial bananas. He believes that they are an excellent and unique energy source for athletes. He wants to use the Nike swoosh on his product. Bob may be able to secure permission from Nike to use the swoosh via a: O a) Lease Agreement O b) Easement O C) License Agreement O d) None of the Above QUESTION 46 Sally works at Bob's burgers. She is the assistant manager. As part of Sally's job she is expected to do all of the ordering of supplies for the restaurant. Sally takes advantage of here role at the restaurant and orders all of the food for her son's communion from J Kings Foods Supply on Bob's account. The communion party is long over - food eaten, etc. - long before Bob (Bob's Burgers) finds out. In the above scenario O a) Bob's Burgers is the Agent O b) Sally is the Principal O C) Bob's Burgers is the Principal O d) None of the Above QUESTION 47 As part of Sally's job, she is expected (by Bob's Burgers) to do all of the ordering of supplies for the restaurant. True or False: This is known as actual authority. O a) True O b) False
Transcribed Image Text:QUESTION 45 Bob is a manufacturer of artificial bananas. He believes that they are an excellent and unique energy source for athletes. He wants to use the Nike swoosh on his product. Bob may be able to secure permission from Nike to use the swoosh via a: O a) Lease Agreement O b) Easement O C) License Agreement O d) None of the Above QUESTION 46 Sally works at Bob's burgers. She is the assistant manager. As part of Sally's job she is expected to do all of the ordering of supplies for the restaurant. Sally takes advantage of here role at the restaurant and orders all of the food for her son's communion from J Kings Foods Supply on Bob's account. The communion party is long over - food eaten, etc. - long before Bob (Bob's Burgers) finds out. In the above scenario O a) Bob's Burgers is the Agent O b) Sally is the Principal O C) Bob's Burgers is the Principal O d) None of the Above QUESTION 47 As part of Sally's job, she is expected (by Bob's Burgers) to do all of the ordering of supplies for the restaurant. True or False: This is known as actual authority. O a) True O b) False
Expert Solution
Step 1

45)

The correct answer is License agreement.

 

46)

The correct answer is Bob's Burgers is the Principal

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