Explain the guideline for business transactions

Reference no: EM13714728

Discuss the given problem

Problem- For centuries the guideline for business transactions was the Latin term caveat emptor (let the buyer beware). This principle suggests that the seller is not responsible for the buyer's welfare. Is this principle still appropriate in modern business transactions? Why or why not?

Part 1- Have you ever had an incident where you felt you were tricked or misled by the salesperson? Please explain.

I need help to explain the guideline for business transactions.

Reference no: EM13714728

Questions Cloud

Clarify the failure rate for small businesses : The text compares the failure rate for small businesses with the divorce rate in marriage and the student failure rate in college. Are these fair comparisons

Describe the cost of risk : Thence explain the difference between a proactive and reactive safety management program and how that difference can affect the "cost of risk".

Naoh are required hypochlorous acid to the equivalence point : How many milliliter of .120 M NaOH are required to titrate 50.0 mL of .0998 M hypochlorous acid to the equivalence point. The ka of hypochlorous acid is 3.0*10^-8.

Define how high will the level rise in the manometer : The pressure in the gas container is 783 mm Hg and atmospheric pressure is 744 mm. How high will the level rise in the manometer if the densities of Hg and mineral oil are 13.6 g/mL and 0.822 g/mL respectively?

Explain the guideline for business transactions : For centuries the guideline for business transactions was the Latin term caveat emptor. Have you ever had an incident where you felt you were tricked or misled by the salesperson? Please explain.

Calculate the value of the ionization constant ka : A 0.075M aqueous solution of a weak , monoprotic acid is 0.85% ionized. Calculate the value of the ionization constant, Ka, for this acid.

How many grams of hydrochloric acid can be prepared : Sodium chloride reacts with sulfuric acid to produce hydrochloric acid and sodium sulfate. How many grams of hydrochloric acid can be prepared from 393 g sulfuric acid and 234 g sodium chloride

Define what is the percent yield of this reaction : When copper is heated with sulfur, copper (I) sulfide is produced. In a given experiment 1.50 g of copper was heated with 1.00 g of sulfur to yield 1.76 g of the product, according to the chemical equation below. What is the percent yield of this ..

Any relationship between a persons age : A large company is interested in knowing whether there is any relationship between a persons age and that persons opinion about a new wage incentive plan. A random sample of 100 employees was selected and cross- classified as shown below.

User Account

All Pages