Trey, an agent for Uno Music Corporation, executes an unauthorized contract with Variety Recording, Inc., that is highly advantageous to Uno. Variety withdraws from the deal before Uno ratifies the contract. The contract is
A. valid.
B. variable.
C. void.
D. voidable.
Answer: C
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Control of engineered costs is frequently achieved through the use of
a. zero-base budgeting. b. program budgeting. c. standards. d. cash budgeting.
Olinda, an employee of People’s Bank, deposits into her account checks entrusted to the bank through its ATM system by customers to deposit into their accounts. This is
A. robbery. B. embezzlement. C. larceny. D. wire fraud.
Corporate social responsibility (CSR) has been defined by the European Commission (2005) as existing when:
a. Companies integrate social and environmental concerns in their business operations and in their interactions with their stakeholders on a voluntary basis b. Companies do the right thing c. Companies maintain their immediate environment in pristine shape d. All of the above
Use the information provided in Table 8.4. Adding $1,000 of Weekly Radio Advertising (X1 ) can be expected to increase Weekly Gross Revenues by what amount? (Assume all other variables are held constant.)
A) $20,500 B) $3,750 C) $6,500 D) $10,250