Diane appoints Edward as her agent to sell goods in markets where the highest price can be obtained. Edward sells the goods in a market that is glutted and obtains a low price, even though he could have obtained a higher price in a nearby market by using more care in obtaining the available market information. Edward is liable to Diane for breach of the duty of diligence
Indicate whether the statement is true or false
True
Business
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Selling the rights to use your company's brand name in return for a lump-sum payment and a share of the profits generated is referred to as:
A. Franchising B. Licensing C. Entering a joint venture D. Exporting E. Royalty facilitation
Business
An annual shareholders' meeting is held to elect new shareholders
Indicate whether the statement is true or false
Business