Upon the termination of an agency, the agent's actual authority ceases. However, his apparent authority may continue until actual notice of the termination is given to third parties

Indicate whether the statement is true or false


True

Business

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What are the five conditions necessary for an act to be considered fraudulent?

Indicate whether the statement is true or false

Business

If a firm uses variable costing, fixed manufacturing overhead will be included

a. only on the balance sheet. b. only on the income statement. c. on both the balance sheet and income statement. d. on neither the balance sheet nor income statement.

Business

The majority of the heads of marketing for most multinational corporations would likely describe marketing as a very complex discipline. They will give a long list of variables and factors that impact a company's marketing success. Most of these variables and factors are part of what is called the marketing environment. ? The U.S. unemployment rate would fall under which set of forces in the marketing environment?

A. Sociocultural forces B. Political forces C. Economic forces D. Competitive forces E. International trade forces

Business

Which of the following must post margin?

A. The seller of an option B. The buyer of an option C. The seller and the buyer of an option D. Neither the seller nor the buyer of an option

Business