In an undisclosed principal situation in which the agent does not have the authority to enter into a contract for real property and does so:
A) only the principal is liable on the contract
B) the third party can elect to hold the principal or agent liable.
C) only the agent is liable on the contract.
D) None of the above
C
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One reason for an asset's limited useful life is obsolescence
Indicate whether the statement is true or false
A ___________ is the name given to an operation in a synchronous manufacturing system whose output sets the limit for the entire system's output.
A. bottleneck B. strangle point C. limiting point D. critical operation
Retail Store Online Survey As marketing director for a large retail clothing chain for young people, it is your job to collect data on the buying habits of 18- to 24-year-old customers. You want each of your customers to complete an online survey within
five days after the date of purchase. This information provides the current information you need for product development, marketing, and customer service. Required: Write a persuasive message asking buyers to complete the online survey.
Facade Securities has an issue of $1,000 par value bonds with 18 years remaining to maturity. The
bonds pay 7.7% interest on a semiannual basis. The current market price of the bonds is $1,175. What is the yield-to-maturity of the bonds? A) 6.09% B) 7.24% C) 6.87% D) 8.38%