A principal held responsible for the torts of an agent is said to have vicarious liability
a. True
b. False
Indicate whether the statement is true or false
True
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A _______ is the supplier firm's repository for all relevant information about past and present customers
For each customer, it should contain transaction prices and profits from past orders, costs to serve, an estimate of the supplier's share of the customer's business, a forecast of potential sales, important customer firm characteristics, the names of buying team members and their roles in purchase decisions, previous account call reports, product or service applications, and relevant buying practices, policies, and patterns. (p. 338; Use of IT) a. customer relationship management (CRM) system b. customer database c. market database d. prospecting plan
Under both state and federal law, a shareholder can generally revoke a proxy at any time
a. True b. False Indicate whether the statement is true or false
On January 1, Year 1, Williams Corporation issued $200,000 of callable bonds at face value. The bonds carried a 2% call premium. If Williams calls the bonds, how would this event affect the company's accounting equation?
A. Decrease liabilities by $200,000. B. Decrease stockholders' equity by $4,000. C. Decrease assets by $204,000. D. All of these answer choices are correct.
One who subleases real property from another is called a(n) ____________________
Fill in the blank(s) with correct word