According to the Revised Act, a person may hold more than one office with the exception that the same person may not hold the office of president and secretary at the same time
Indicate whether the statement is true or false
false
You might also like to view...
Martin, a sales representative for a computer firm, receives the latest performance report on the main product he sells
Unfortunately, Martin's product performs slightly behind that of the closest competitor, and Martin is afraid that this information will cause him to lose customers. The research and development team has made some major improvements in the product, but the next performance report is not due out for another six months. What should Martin most likely do to prevent the loss of customers? A) He should pretend that the recent performance report has not come out and tell his customers that he doesn't know when it will be out. B) He should change the numbers on the performance report to indicate that his product performs better than the competition's product. C) He should avoid direct contact with his customers until the next performance report comes out. D) He should expose the performance report but explain to customers that the product has been improved and new data will be available in six months. E) He should change the numbers for the competitor so it looks as if the two companies' products perform equally.
Memphis Company anticipates total sales for April, May, and June of $800,000, $900,000, and $950,000 respectively. Cash sales are normally 25% of total sales. Of the credit sales, 30% are collected in the same month as the sale, 65% are collected during the first month after the sale, and the remaining 5% are not collected. Compute the amount of cash received from total sales during the month of June.
A. $592,500. B. $561,500. C. $817,500. D. $890,000. E. $652,500.
An offer does not necessary need to be communicated to the offeree
Indicate whether the statement is true or false
The doctrine of respondeat superior is most often applied in situations involving:
a. torts of the agent. b. negligence of the principal. c. contracts negotiated by the agent. d. crimes committed by the agent.