Which of the following is true of a principal-independent contractor relationship?
A. Principals are bound by the authorized contracts of their independent contractors.
B. Independent contractors cannot be authorized by principals.
C. Independent contractors are employees of the principals.
D. Principals cannot directly employ independent contractors.
Answer: A
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A. advertising B. direct marketing C. interactive media D. branding E. packaging
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Indicate whether the statement is true or false
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The post-closing trial balance shows the updated Retained Earnings balance
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