Which of the following statements is true about termination by agreement?
A) A principal should give constructive notice to all third parties who dealt with an agent.
B) When an agency relationship is terminated by an agent, the agent must give actual notice to all third parties who dealt with the agent.
C) When an agency relationship is terminated by a lapse of time, there is no requirement to give notification to third parties.
D) Constructive notice may be given to others through advertisement in newspapers published in areas where an agent operated on behalf of a principal.
D
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Which of these items represents a definite commitment to pay out funds in the future?
a. Bonds payable b. Reserves for rebuilding furnaces c. Deferred taxes d. Noncontrolling shareholders' interests e. Redeemable preferred stock
1. $7,000 of merchandise inventory was ordered on September 2, 2009 2. $3,000 of this merchandise was received on September 5, 2009 3. On September 6, 2009, an invoice dated September 4, 2009, with terms of 3/10, net 30 for $3,250 which included a $250 prepaid freight cost, was received. 4. On September 10, 2009, $800 of the merchandise was returned to the seller. Based on the above information,
what would be the cash payment if the company decides to pay the invoice on September 30, 2009? A) $2,450 B) $2,384 C) $3,250 D) $3,000
A generic term that is being used to denote an employee that performs all types of basic office functions is a/an
a. Coordinator. b. Line manager. c. Virtual assistant. d. Assistant.
Which of the following is a global RFID challenge?
a. Foreign firms are skeptical about sharing potentially confidential information with foreign businesses. b. Globally, the RFID industry does not have its own UHF spectrum allocation. c. UHF signals are reflected by metal and absorbed by water. d. All of the above. e. None of these.