Which of the following is a component of primary diversity?
A. Religion
B. Marital status
C. Race
D. Military experience
Answer: C
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Which of the following torts committed by an agent is the liability of the principal?
A) substantial frolic and detour B) accidents caused by an agent on the way to work C) accidents caused by an agent on the way from work D) negligence
The principal is not liable for an agent's negligence if the agent is on a dual-purpose mission
Indicate whether the statement is true or false
The Federal Trade Commission Act considers the terms "deceptive" and "unfair" to be synonymous when determining what practices should be prohibited
a. True b. False Indicate whether the statement is true or false
When prices are rising, which method of inventory, if any, will result in the lowest relative net cash outflow (including the effects of taxes, if any)?
A. LIFO B. Weighted average C. FIFO D. None of these; the choice of inventory methods does not affect cash flows.