Jody is an agent for Kwik Credit Company (KCC). In the course of Jody's performance for KCC, Jody pays Leo for certain auto maintenance and repair services. Jody's right to obtain the amount of those payments from KCC arises under the principal's duty of
A. avoidance.
B. cooperation.
C. indemnification.
D. reimbursement.
Answer: D
Business
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Toro ran a clever preseason promotion on some of its snow blower models, offering some money back if the snowfall in the buyer's market area turned out to be below average. This is an example of a ________
A) rebate B) premium C) price-off pack D) continuity program E) sweepstake
Business
The traditional form of a corporation is called a C corporation.
Answer the following statement true (T) or false (F)
Business
Describe the consumerism movement.
What will be an ideal response?
Business
Which of the following is a liquidity ratio?
A. Net profit margin B. Inventory turnover C. Times interest earned D. Price/Earnings ratio
Business