Apparent authority can arise where there is an undisclosed principal as well as where the principal is disclosed
Indicate whether the statement is true or false
False
You might also like to view...
Why are drug tests a controversial component of the personnel selection process?
What will be an ideal response?
Stocks A and B each have an expected return of 15%, a standard deviation of 20%, and a beta of 1.2. The returns on the two stocks have a correlation coefficient of +0.6. You have a portfolio that consists of 50% A and 50% B. Which of the following statements is CORRECT?
A. The portfolio's beta is less than 1.2. B. The portfolio's expected return is 15%. C. The portfolio's standard deviation is greater than 20%. D. The portfolio's beta is greater than 1.2. E. The portfolio's standard deviation is 20%.
Which of the following was a key finding in the Hawthorne studies?
A. Stronger lighting increased productivity. B. More money resulted in increased productivity. C. Productivity increased with autocratic leadership. D. Higher temperatures reduced productivity. E. Human relations increased productivity.
Travel and Tow Trailers Inc. makes small trailers for light-duty towing behind SUVs and small pickup trucks. Its trailers typically sell for $2,500. Many of its customers have asked for credit terms to aid in purchasing the trailers
The firm's finance department has estimated the following profile for its light-duty trailers and customer base: Annual sales: 10,000 trailers Annual production costs per trailer: $1,500 Lost sales if credit is not provided for customers: 2,000 trailers Default rate if all customers purchase on credit: 3.00% What is the profit if the firm has a credit policy? A) $25,000,000 B) $9,250,000 C) $450,000 D) $8,000,000