A principal owes a duty to indemnify an agent for any losses the agent suffers because of the principal's conduct

Indicate whether the statement is true or false


TRUE

Business

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In addition to focusing on controls, COBIT 5 expands its scope by incorporating which of the following broad perspectives?

A. How IT can automate specific business processes. B. IT networking requirements. C. IT cost reductions. D. How IT brings value to the firm.

Business

The vast majority of organizations use a(n) ______ approach to identifying pay levels.

A. internal B. external C. rate D. range

Business

L & M loaned Joan $400 so that she could buy her textbooks for the current semester. L & M's terms for repayment of the loan (including interest) are, $200 in two months, $200 in four months, and another $100 at the end of the fifth month. The legal maximum rate of interest on this type of loan is six percent per annum. L & M's loan is usurious

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

Business

The fictitious payee rule is based on the idea that employers should bear the risk of their own unscrupulous employees

Indicate whether the statement is true or false

Business