A decision rule often employed by organizations is satisficing, which means that when the buying center has identified the best possible solution, it is chosen and the search is complete

The fundamental purpose of a life annuity is to provide an income that cannot be outlived.

a. true b. false

ABC Construction decides to use an independent contractor to complete the roof of one of its construction projects. All of the following are true regarding use of the independent contractor except

A. ABC can avoid strict liability by engaging a contractor to ensure a safe workplace. B. If ABC negligently selects an independent contractor, ABC is liable for its negligent acts. C. ABC is liable for a contract made by the independent contractor on ABC's behalf if it is ratified by ABC. D. Ultrahazardous activity is usually the subject of strict liability.