An agency relationship can be created

a. by the conduct of the parties.
b. only by the meeting of all the standards of contract law.
c. only by a written agreement.
d. only if the agent is paid.


a

Business

You might also like to view...

The combination of market attractiveness and competitive advantage creates a portfolio position for any given product-market

Indicate whether the statement is true or false

Business

The office manager forgot to record in the accounting records the daily bank deposit. Which control procedure would most likely prevent or detect this error?

a. segregation of duties b. independent verification c. accounting records d. supervision

Business

Two overall contexts influence international negotiations: the environmental context includes environmental forces that neither negotiator controls and the ________ context includes factors over which negotiators appear to have some control.

Fill in the blank(s) with the appropriate word(s).

Business

Money that a bank has available for customer loans would be an example of a(n):

A) value-added product B) expected product C) generic product D) potential product E) customer product

Business