The type of authority that arises from acts of the corporation that lead third parties to believe reasonably and in good faith that an officer has the requisite authority is:
a. actual express authority.
b. actual implied authority.
c. apparent authority.
d. ratification.
c
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The Granger Corporation had 200,000 shares of common stock and 10,000 shares of cumulative, $6 preferred stock outstanding during 2014 . The preferred stock is convertible at the rate of three shares of common per share of preferred. For 2014, the company had a $60,000 net loss from operations and declared no dividends. Granger should report 2014 diluted loss per share of (rounded to the nearest
cent) a. $(0.30). b. $(0.52). c. $(0.58). d. $(0.60).
A code of ethics ______.
a. is required by law in the United States b. is a specific set of professional behaviors and values c. is based upon principles developed by the United Nations d. is mandated by the ISO
Developing new products frequently and getting them to market effectively is associated with which of the key supply chain processes?
a. Manufacturing flow management b. Product development and commercialization c. Supplier relationship management d. Returns management
A U.S. company buys merchandise from a foreign company denominated in the foreign currency. Which of the following statements is true?
A. No foreign exchange gain or loss will result. B. Any gain or loss will be included in comprehensive income. C. If the foreign currency appreciates, a foreign exchange gain will result. D. If the foreign currency appreciates, a foreign exchange loss will result. E. If the foreign currency depreciates, a foreign exchange loss will result.