Which of the following allows for price increases based on the cost-of-living index or some other formula?

a. a price-shading index
b. a factorial clause
c. an escalator price clause
d. a quotation index differential

Ans: c. an escalator price clause

Business

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Formal work groups are composed of members from: (Choose all that apply.)

-different departments. -the community and customer groups. -customer groups. -different cultures or countries.

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Which source of administrative law is a comprehensive statute governing the procedures that agencies must follow when performing their functions?

a. Administrative procedure act b. Constitution c. Enabling statute d. Executive order

Business