Collins appointed Rubin to sell his car, which needed repairs. Rubin agreed to pay for the repairs and to be repaid from the proceeds of the sale. Two weeks later, Collins changed his mind about selling the car. Is the agency terminated?
No. This is an agency coupled with an interest and can be terminated only with the agent's consent.
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The likelihood of assessing control risk too high is the risk that the sample selected to test controls:
A. contains misstatements that could be material to the financial statements when aggregated with misstatements in other account balances or transactions classes. B. does not support the tolerable misstatement for some or all of management's assertions. C. does not support the auditor's planned assessed level of control risk when the true operating effectiveness of internal control justifies such an assessment. D. contains proportionately fewer deviations from prescribed internal controls than exist in the balance or class as a whole.
The number of issues in a negotiation, together with the relationship between the negotiator the other party, is often the primary determinant of whether a negotiator uses a distributive or integrative strategy. Single-issue negotiations tend to dictate which type of strategy?
What will be an ideal response?
Which of the following best explains why companies are adopting the team selling approach to service large, complex accounts?
A) Products have become too complicated for one salesperson to handle a large company's needs. B) Customers prefer dealing with many salespeople rather than one sales representative. C) Job rotation, an integral part of team selling, keeps workers motivated and boosts their morale. D) Team selling facilitates the evaluation of individual contributions. E) With team selling, companies are not required to train the outside sales force any longer.
Give three examples of benefits that a company could use to position a brand
What will be an ideal response?