When using management by exception, managers investigate only those variances that are unfavorable

Indicate whether the statement is true or false

FALSE

Business

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If there is an ambiguity in a contract, the ambiguity will be resolved in favor of the party who drafted the contract

Indicate whether the statement is true or false

Business

Because there is no single international court or legal system capable of resolving all commercial disputes between private parties, a choice-of-________ clause should be negotiated in all agreements involving major transactions

A) forum B) jury C) judge D) counsel

Business