Which of the following statements is true with regard to a power given as security?
a. A power given as security that combines an agency with interest is irrevocable by death or incapacity of the creator.
b. A power given as security creates a relationship of agency.
c. A power given as security bestows actual authority that a principal enjoys.
d. A power given as security does not require a manifestation of assent by its creator that the holder of the power may dispose of property or other interests of the creator.
a
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The Freeman Corporation issues 2,000, 10-year, 8%, $1,000 bonds dated January 1 at 96 . The journal entry torecord the issuance will show a
a. debit to Cash of $2,000,000 b. credit to Discount on Bonds Payable for $80,000 c. credit to Bonds Payable for $1,920,000 d. debit to Cash for $1,920,000
Medical payments coverage under the homeowners' and auto policy is meant to cover
A) small payments for immediate treatment regardless of who is at fault. B) small payments for immediate treatment only if you are not at fault. C) catastrophic medical payments for extended treatment regardless of who is at fault. D) catastrophic medical payments for extended treatment only if you are not at fault.
Sending employees on international assignments is an example of a(n) ________ approach to employee development.
A. formal education B. mentoring C. job experience D. assessment
A company is using a Kanban system with 2 containers, each holding 50 parts, between a downstream (using) and an upstream (producing) work center. The using work center can handle 250 jobs per day. The average elapsed time for the entire cycle is currently 0.25 days. The company is concerned about the safety factor for the operation. Which of the following is the safety factor (?) of the current
operation? A) 20 percent B) 60 percent C) 80 percent D) 40 percent