An assumed agent who purported to act as an agent without actual or apparent authority can never bind the supposed principal.?
Indicate whether the statement is true or false
False
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Colgate's Total is a new toothpaste brand whose formulation, imagery, and consumer appeal were designed from the beginning to translate across national boundaries. Which strategy did Colgate use with Total?
A) product-communications extension B) product extension-communications adaptation C) product adaptation-communications extension D) dual adaptation E) product innovation
Which of the following is true of profits and losses in a general partnership?
A) The proportion of profit shared is equal to the general partner's initial investment. B) Losses are shared equally by all general partners. C) The general partner who proposed the idea of the business gets most profit. D) The proportion of investment governs only the proportion of loss shared and not profit obtained.
Which type of software package allows users to prepare a text and graphics in high-quality, professional-looking reports, newsletters, brochures, and pamphlets?
a. spreadsheet programs b. desktop publishing programs c. word processing programs d. graphics programs e. database management programs
Which of the following is an asset use transaction?
A. Recorded insurance expense at the end of the period. B. Accrued salary expense at the end of the period. C. Purchased machine for cash. D. Invested cash in an interest earning account.