A networking model is akin to a(n):

A seller sued a broker, alleging that the broker had misrepresented material facts during his sales presentation. The broker responded that the listing contract had only been an oral contract and therefore was not enforceable. A court would find that:

A. the listing broker can be liable for misrepresentation only to the buyers B. the contract was unenforceable and therefore the seller had no basis for a suit C. the broker cannot use the statute of frauds as a defense, since that is not at issue D. the statute of frauds only applies to purchase contracts, not to agency agreements

A manufacturer wants to achieve rapid market penetration through a low-price policy. However, its dealers prefer to work with high margins and pursue short-run profitability. The major reason for this conflict is ________

A) goal incompatibility B) unclear roles C) ambiguous rights D) differences in perception E) dependence on the manufacturer