business law 47. When the US government places a control over foreign goods bein

Question

business law

47. When the US government places a control over foreign goods being priced extremely low for the purposes of capturing a large market share it is called a control against a. Export Licensing b. Dumping c. Foreign Regulation d. Treaties 48. When there is a conflict in a sales contract we should consider the Expressed agreement, the Usage of Trade, Course of Dealings, and Course of Performance in which order? (With the most important being listed first.) a. Expressed Agreement, Course of Performance, Course of Dealings, Trade b. Expressed Agreement, Trade Usage, Course of Performance, Course of c. Expressed Agreement, Course of Dealings, Course of Performance, Trade d. Trade Usage, Course of Performance, Course of Dealings, Expressed Usage Dealings Usage Agreement 49. Whether or not a principal has, through his actions, ratified a contract is a question of to be decided by the a. Fact...judge judge 50. When a servant completely abandons the master's work to pursue his own interests, the servant is on a a. Detour b. Outing c. Trespass d. Frolic

Explanation / Answer

1) When the US government places a control over foreign goods being priced extremely low for the purpose of capturing a large market share it is called a control against

Solution: Dumping

Explanation: The main motive of dumping is to raise market share in a foreign market by driving out competition

2) When there is a conflict in a sales contract we should consider the Expressed agreement, the usage of trade, course of dealings, and course of performance in which order?

Solution: Expressed agreement, course of performance, course of dealing and trade usage

Explanation: The right sequence is expressed agreement, course of performance, course of dealing and trade usage

3) Whether or not a principal has, through his actions, ratified a contract is a question of ____ to be decided by the _____

Solution: fact; jury

Explanation: Whether or not a principal has, through his actions, ratified a contract is a question of fact and circumstances to be decided by the jury

4) When a servant completely abandons the master's work to pursue his own interests, the servant is on a

Solution: frolic

Explanation: Frolic means to be in a playful mode

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