A principal is contractually bound to a third party if the agent acts without any authority but the principal ratifies the contract
a. True
b. False
Indicate whether the statement is true or false
True
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Present value is the amount that must be invested today at a given rate of compound interest to produce a given future value
Indicate whether the statement is true or false
Choose the correct word or words in parentheses. My internship was a (real, really) positive experience
The supremacy clause:
A) makes the judiciary superior to the other branches of government. B) makes the state government superior to federal government. C) makes federal law superior to state law when there is a conflict. D) makes the executive branch superior to the legislative branch.
Which of the following is classified as nontaxable income?
a. Unemployment compensation b. Dividend income c. Income from real estate rental property d. Welfare payments e. None of the above