Which of the following is correct with regard to the capacity of an agent?
A) The incapacity of the agent disqualifies him from making a contract that is binding on his principal.
B) Business associations do not have the capacity to act as agents.
C) If an incompetent person who is not under guardianship appoints an agent, contracts made by that agent are voidable.
D) Electronic agents, although not persons, are considered agents.
C
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Answer the following statements true (T) or false (F)
1. Job applicants should use the business letter format of written communication to write cover letters for job applications. 2. Anyone being asked to write a letter of recommendation should be specifically asked if they would be willing to write a favorable letter. 3. Process directives are a form of written communication that addresses changes in company policies. 4. Written proposals should only include bulleted lists of objectives. 5. Interview data is a type of qualitative information included in business reports.
Which of the following statements about the Bernie Madoff ponzi scheme is false?
a. Madoff too advantage of his unique ties to the investment community (he was the former Chair of the NASDAQ) to create trust and encourage further investments. b. Madoff began perpetrating the fraud shortly before passage of the Sarbanes-Oxley Act, and the provisions of that Act ultimately led to discovery of the fraud. c. Madoff was sentenced to 150 years in prison. d. The estimated amount missing from client accounts, including fabricated gains, was almost $65 billion.
For what purpose should the active voice be used?
A) To strengthen most business writing B) To emphasize an action rather than a person C) To de-emphasize negative news D) To conceal the doer of the action
If Gene mistakenly hits Audrey with his truck and kills her, when he intended to hit and kill Cerise, his intent to kill Cerise is transferred to Audrey, regardless of whether he even knew Audrey, for the purpose of fulfilling the mental element of the crime
a. True b. False Indicate whether the statement is true or false