The agent is not liable on the contract in a fully disclosed agency.
Answer the following statement true (T) or false (F)
True
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To prepare for mishaps, either natural or malicious, many organizations have well-planned programs in place, called _____.
Fill in the blank(s) with the appropriate word(s).
Connecting multiple mainframes together produces a ____________________.
Fill in the blank(s) with the appropriate word(s).
Which of the following is NOT true regarding methods of perfection?
a. A security interest in a deposit account may be perfected only by taking control of the collateral. b. A security interest in a letter-of-credit right may be perfected only by taking control of the collateral. c. A security interest in money may be perfected either through possession or through filing a financing statement. d. For a limited period, a purchase-money security interest in consumer goods is automatically perfected.
The bid-asked spread is much lower for currencies that are infrequently traded in order to
compensate banks for providing the service. Indicate whether the statement is true or false