If a principal does not ratify an authorized contract, the principal is not bound

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Under free trade, Sweden enjoys all of the gains from trade with Holland if Sweden

a. trades at Holland's rate of transformation. b. trades at Sweden's rate of transformation. c. specializes completely in the production of its export good. d. specializes partially in the production of its export good.

Business

Briefly describe an outcome frame. Negotiators with a strong outcome frame primarily engage in which type of negotiation?

What will be an ideal response?

Business

Bad debts are considered as an expense of selling on credit

Indicate whether the statement is true or false

Business

Which of the following are undesirable from a consumer perspective but are frequently needed?

a. value-neutral activities. b. value-added activities. c. non-value-added-activities. d. none of the above.

Business