An agent's authority is limited to what the parent company delegates to him or her
Indicate whether the statement is true or false
True
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Drawings are an example of an expense
Indicate whether the statement is true or false
Tristan has been calling on the same customer for years. He handles all of the company's orders and quickly resolves any issues that may come up. On occasion, Tristan takes some of the company employees out to dinner and has even given them tickets to local sporting events. Tristan is involved in
A. multi-level marketing. B. loyalty selling. C. public relations. D. relationship selling. E. publicity.
A court can exercise jurisdiction over a corporation if the court is located in:
a. the state in which the corporation was incorporated b. the state where the corporation has its main plant c. a state in which the corporation is doing business d. none of the three specific choices are correct e. any of the three specific choices are correct
Christa has made a $25,000 pledge to the American Red Cross (a public charity). Christa expects AGI of $200,000 this year. Which of the following assets should she donate?
A) $25,000 of cash B) stock purchased three years ago for $18,000 with a current FMV of $25,000 C) stock purchased six months ago for $28,000 with a current FMV of $25,000 D) Christa should be indifferent among the three choices.