According to the Restatement, whether an agency relationship has been created is determined by using a subjective test
Indicate whether the statement is true or false
False
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What can be surmised from the existence of the Sarbanes-Oxley Act?
a. There are sometimes legal requirements with respect to having a code of ethics. b. Companies without codes of ethics are bound to violate the law. c. Federal law requires that every company have a written code of ethics. d. The federal government has dictated the content of codes of ethics for many companies.
The company is deciding whether to drop product line F because it has an operating loss. Assume that $15,000 of total fixed costs could be eliminated by dropping F. What effect would this decision have on operating income?
Accelerate Rollerblades has three product lines—D, E, and F. The following information is available:
A) Operating income will increase by $35,000.
B) Operating income will increase by $20,000.
C) Operating income will decrease by $5000.
D) Operating income will decrease by $15,000.
How can social media be used to generate awareness of products and services?
A) Broadcast through multiple mediums B) Tweet headlines from the newsletter C) Post video of products or services in use D) Identify social media goals for the new product or service E) Build a positive online community
The unauthorized exercise of ownership rights over another's property is known as a(n) _____
A) accession B) rescission C) bailment D)conversion