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  • The relationship between a business firm and its customers is essentially a? Select correct option: Contractual relationship Permanent relationship Impermanent relationship None of the above


    1st

  • Who argued that misrepresentation in the making of a contract cannot be universalized? Select correct option: Rawls Kant Adam Smith None of the given options

  • 1st

    Each year 34 million people are injured or killed as a result of? Select correct option: Product related accidents Dut to Diseases Natural climate Due to earthquakes
  • 1

  • Caveat emptor represents to: Select correct option: Let the buyer beware Let the seller beware Let the buyer and seller beware None of the given options

  • 1st

  • A report of the social costs and social benefits of the firm's activities is known as? Select correct option: Social capital Social corporate responsibility Social audit None of the above

  • 3rd


  • Who summarized the procedure for cost and benefit analysis? Select correct option: Adam Smith Thomas Klein John Rawls Samuel Johnson

  • 2nd

  • Costs of the resources consumed in producing a product is known as? Select correct option: Production cost Selling cost Total cost None of the above

  • 1st


  • A social audit refers to? Select correct option: A report of the social costs and social benefits of the firm's activities A report of the private costs and social benefits of the firm's activities A report of the social costs and Private benefits of the firm's activities A report of the Private costs and private benefits of the firm's activities


  • 2nd

  • Which of the following is signed by the buyer and seller that details the terms of a purchase? Select correct option: Contract Offer Counter offer None of the given options

  • 1st


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