When an agent’s acts create the appearance of an agency that does not in fact exist, the principal is estopped to deny the agency relationship.

Answer the following statement true (T) or false (F)


False

Business

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The behavioral approach describes ______.

A. what leaders do B. who leaders are C. skills leaders possess D. traits leaders display

Business

Which of the following actions implies that a manager is working on a business plan rather than

a marketing plan? A) identifying potential new competitors B) mapping out strategies to achieve a productive end C) implementing ad hoc plans to take advantage of market opportunities D) including details on the operational activities of the firm

Business

Because financial institutions in other countries are generally less regulated than those in the United States, they generally _____.

A. invest in less socially responsible companies than U.S. banks B. can provide businesses a greater variety of services than U.S. banks can C. invest to minimize investment corporations' losses D. can provide investment opportunities in illegal business plans also E. are required to fulfill the regulations of the Sarbanes-Oxley Act

Business

The three essential financial statements include all of the following EXCEPT ______.

a. balance sheet b. cash flow statement c. entrepreneurs scorecard d. income statement

Business