1. “A contract is necessary because most firms cannot be trusted to act ethically in a cooperative venture such as a strategic alliance.” Is this statement true or false? Why? Does the answer vary by country? Why?
2. Is Comcast's purported practice of surreptitiously slowing or stopping the flow of data to sites that hog bandwidth ethical? Why or why not?
3. Identify and discuss the common systems for approving vendor payments.