The appointment of an agent by a minor or an incompetent not under guardianship and any resulting contracts are voidable

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


True

Business

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Eastern Company currently produces a component that it uses in making some of its products. The company has calculated the following costs for making the part:Eastern is considering outsourcing the component. A supplier has offered to sell the component to Eastern for $55 each. Eastern needs 10,000 units each year. If Eastern does outsource the component, it can use the facilities to make another product that would yield contribution margin of $60,000 per year.Required: 1) Should Eastern outsource the component? Support your answer with appropriate computations.2) What qualitative factors should be considered in this decision?

What will be an ideal response?

Business

Which of the following is not a subordinate benefit of high LMX?

A. increased performance-related feedback B. preferential treatment C. social interaction outside of the work setting D. ample access to supervisors

Business

Part of an ANOVA table is shown below. Source ofVariationSum ofSquares Degreesof Freedom MeanSquare F Between Treatments64 8 Within Treatments (Error)2 Total100 ? The number of degrees of freedom corresponding to within-treatments is

A. 22. B. 4. C. 5. D. 18.

Business

When Fabiola from the United States flies to Scotland on a Canadian airline, stays in an Edinburgh hotel, and buys many wool sweaters from Scotland to bring home, she is

A. decreasing the trade deficit. B. being disloyal and unpatriotic. C. contributing to the negative balance of payments. D. buying American-made goods. E. buying American-produced services.

Business