Question: 1. A wheel's up program allows commercial freight to be cleared through customs prior to landing on U.S. soil. True False 2. An exaggerated statement

1. A wheel's up program allows commercial freight to be cleared through customs prior to landing on U.S. soil.

True

False

2.

An exaggerated statement could be considered

a.

authentic.

b.

puffery.

c.

criminal.

d.

plutocracy.

3. An open account arrangement occurs when the buyer transfers funds to the sellers account in advance pursuant to the sale contract.

True

False

4. ISM Principles and Standards of Ethical Supply Management Conduct look to prevent actual impropriety to prevent unethical or compromising conduct in relationships, actions, and communications.

True

False

5. It depends because

a.

in an infinite universe there are infinite possible legal outcomes.

b.

the law is clear.

c.

context is key.

d.

the laws applied to a case change, while the facts do not.

6. It is important that all members of a team have the same personality types.

True

False

7. NAFTA is an example of the creation of free-trade and preferential trading areas.

True

False

8.Sustainability might include promoting positive supplier and customer relationships.

True

False

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