On March 1,Eugene retains Farley to act as his authorized agent. On April 1, Eugene dies. On April 2, before Farley knows of Eugene's death, he enters into a contract on Eugene's be¬half. The con¬tract is

a. binding on Eugene's heirs.
b. binding on Farley.
c. void.
d. voidable.


C

Business

You might also like to view...

The grapevine is

A. a horizontal communication channel. B. almost wholly inaccurate. C. slower than formal channels. D. used by employees when threatened or insecure. E. a morale enhancer.

Business

____________________ represents the accumulated earnings of the corporation that have not been paid out to the stockholders as dividends

Fill in the blank(s) with correct word

Business

How can firms promote ethical behavior among their employees?

What will be an ideal response?

Business

Some companies may have restrictions on distribution methods based on what?

A) Cost B) Location C) Convenience D) Time E) Security and privacy

Business