Usually in cases where there is a known principal, the agent has liability for, and rights under, contracts made on behalf of a principal

a. True
b. False
Indicate whether the statement is true or false


False

Business

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List and describe the pro-forma financial statements that are prepared at the end of the budgeting process

Business

Explain the legal residuum rule

What will be an ideal response?

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In Excel, a formula can be used to add a number to a date to calculate the maturity date of a loan

Indicate whether the statement is true or false

Business

The __________ system enables exchange members to send orders directly to a specialist over computer lines.

A. FAX B. Direct Plus C. NASDAQ D. SUPERDOT

Business