An agent is always liable for his or her own torts committed within the scope of the agency relationship
a. True
b. False
Indicate whether the statement is true or false
True
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Premium on Bonds Payable is a balance sheet item for Ohio Products Company. How would it most likely be classified on the balance sheet?
a. An increase to a long-term liability b. Revenue c. Long-term asset d. Contra liability
You're writing a sales message to entice potential customers to join your gym. Telling your audience that the first 50 responders will get a free one-week trial period at your gym ________
A) makes it difficult for your audience to act B) is an example of social proof C) creates a sense of desire through perceived scarcity D) shows how you meet their scheduling needs E) overstimulates your audience by telling them too much too soon
The strategy for trade union renewal which focuses on grassroots recruitment among workers traditionally under-represented by unions is referred to as:
a. servicing b. organising c. partnership d. back to basics
Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 100,000 shares of $5 par value common stock. During 2021, Clothing Emporium had the following transactions relating to stockholders' equity:Issued 30,000 shares of common stock at $7 per share.Issued 20,000 shares of common stock at $8 per share.Reported a net income of $100,000.Paid dividends of $50,000.What is the total amount recorded in the Common Stock account at the end of 2021?
A. $370,000. B. $250,000. C. $420,000. D. $470,000.