Myrna serves in a representative capacity for Locke. With respect to binding Locke to contracts, Myrna's authority
A. may be implied or apparent.
B. must be implied and apparent.
C. must be implied and not apparent.
D. cannot be implied or apparent.
Answer: A
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An overall indication of the dependability of data may be obtained by examining the ________, credibility, reputation, and ________ of the source
A) accuracy; trustworthiness B) trustworthiness; expertise C) expertise; accuracy D) None of the above is correct.
At the beginning of the recent period, there were 900 units of product in a department, 35% completed. These units were finished and an additional 5,000 units were started and completed during the period. 800 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:
A. 6,100 units. B. 5,500 units. C. 6,700 units. D. 5,900 units. E. 5,000 units.
Nature's Food Market sells groceries. Metro Snacks & Drug Store sells groceries and fills prescriptions. The party with the chief responsibility to prevent unsafe food and drugs from being sold is
a. Nature's Food Market and Metro Snacks & Drug Store. b. Metro Snacks & Drug Store only. c. the Federal Trade Commission. d. the Food and Drug Administration.
A bank will not be liable for payment of a check on which the drawer's signature has been forged if: A) the bank could not have detected the forgery through a reasonable investigation
B) there are more than two prior indorsers of the check. C) the bank gives a cashier's check in payment of the depositor's check. D) the drawer's negligence contributed substantially to the forging of the signature.