A surety's right to recover his or her costs from a principal once he or she performs or pays the principal's obligations is known as the right ________.

A. to contribution
B. of subrogation
C. to reimbursement
D. to fair compensation


Answer: C

Business

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Discuss how the global dispersion of value chains has influenced the traditional modes of international expansion.

What will be an ideal response?

Business

A salesperson is required by his employer to use a script when making a sales presentation. The script includes standard jokes and repeated attempts at relationship-building, plus a rapid close to the sale

The salesperson recognizes that a potential client has a reflective communication style and may be offended by some of the elements in the script. What should the salesperson do? A) The salesperson should omit the jokes and downplay the relationship-building attempts, while drawing out the close to give the potential client longer to decide. B) The salesperson should abandon the script without telling her manager and be blunt and direct with the potential client. C) The salesperson should double up on the research and facts she presents during the presentation to appeal to the potential client's deliberate side. D) The salesperson should ask her sales manager to come with her to the first sales call so that the potential client knows the company is serious about winning the client's business. E) The salesperson should stick with the script and timing as written, as it's been tested by her manager and has a high rate of success.

Business

Which of the following is considered an objective?

A. to hire the best people B. to increase revenue by 15 to 20 percent in each of the next five years C. to practice responsible financial management D. to deliver the best customer service E. to minimize waste

Business

The account used to record the discrepancies that will occasionally occur between the amounts deposited and amounts shown on cash register tapes is called ____________________

Fill in the blank(s) with correct word

Business