Ruth, an agent, was asked by her principal to also sign a contract involving the sale of merchandise to Flower. If the contract is breached, may Flower sue both Ruth and her principal for damages?
Yes, because Ruth has agreed to be personally liable on the contract.
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At the beginning of the year, Wilson Steel, Inc. purchased 10,000 shares of Barnes Metals, Inc. for $34,000 in exchange for cash and now holds 3.2% of the voting stock of Barnes Metals, Inc. The management of Wilson Steel intends to hold this stock for two years. Assuming no other transaction happened during the year, the ________ in the balance sheet will increase.
A) long-term assets B) cash C) total assets D) current assets
Which of the following is NOT a story-teller’s tasks?
a. To persuade others of a vision b. To instill a vision c. To describe a vision d. To communicate a vision
A joint stock company is treated as a partnership because its members own shares that are nontransferable
Indicate whether the statement is true or false
Which of the following would NOT be considered an on-the-job management development program?
a. understudy programs b. mentoring programs c. vestibule training d. job rotation e. coaching programs