If the principal is undisclosed, an agent is likely to be liable to the third party

Indicate whether the statement is true or false


TRUE

Business

You might also like to view...

The account to which the income summary account is closed is called

a. Revenue; b. Drawing; c. Capital; d. Cash; e. Cost

Business

Which of the following is not a step in the data-preparation process?

A) editing B) select a sampling technique C) transcribing D) data cleaning

Business

When setting guidelines for a team, it is important to

) Establish project milestones. B) Discuss a deadline. C) Create schedules for synchronous dialogues. D) All of the above. E) A and B.

Business

Poultry Processing processes chickens for fast food restaurants. The chickens arrive from the farms on trucks, in cages, at a rate of 8 trucks per hour according to the Poisson distribution

The quality standards of Poultry Processing require that the chickens be processed within 30 minutes, which includes the time from when the trucks arrive until the chickens are finished processing. What is the minimum average processing rate (in truckloads per hour) that must be designed for the machine in order to ensure that the cages will be processed, on the average, in 30 minutes or less? Assume processing time is exponentially distributed. A) 4.5 trucks per hour B) 9 trucks per hour C) 10 trucks per hour D) 18 trucks per hour

Business