Which of the following statements is true of an agent taking an opportunity?
A. An agent can legally take an opportunity to which the principal is entitled.
B. A third-party offer to an agent need not be conveyed to the principal.
C. An agent cannot appropriate an offer for himself or herself once the principal rejects it.
D. A principal is permitted to recover for a usurped opportunity taken by the agent.
Answer: D
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The bond issue price is determined by calculating the
a. present value of the stream of interest payments and the future value of the maturity amount. b. future value of the stream of interest payments and the future value of the maturity amount. c. future value of the stream of interest payments and the present value of the maturity amount. d. present value of the stream of interest payments and the present value of the maturity amount.
Straight rebuys ________
A) are the most complex of purchase types because they require customer relationship management B) are more complex than new-task buys C) often involve products with low risks D) involve recruiting new vendors E) are the B2B version of comparison shopping in the consumer market
A regional restaurant chain spends $90,000 for a local television advertising campaign that delivers $450,000 in incremental revenue. What is the ROMI factor?
A) 4 B) 5 C) 50% D) $360,000 E) $450,000
A banker may perform a financial ratio analysis to assess a firm's ability to repay debt in a timely manner.
Answer the following statement true (T) or false (F)