Jim agrees to act on Kit's behalf, subject to Kit's control, and Kit trusts Jim to so act. This describes a relationship between
A. a business and its competitors.
B. a government and its governed.
C. a parent and a child.
D. a principal and an agent.
Answer: D
You might also like to view...
What are the differences between a patent, trademark, and a copyright? What is meant by counterfeiting?
What will be an ideal response?
Consider a work center with a demand rate of 50 parts per hour and using a container that can hold 12 parts. It is estimated that the container takes 1 hour to cycle through the work cell. Assume a safety stock level of 10 percent. What is the value of K for this system?
a. 2 b. 4 c. 5 d. Cannot be determined from the information given
Briefly describe the phases in the website design (or redesign) process.
What will be an ideal response?
Anthem Corporation has excess cash to invest and pays $200,000 to buy 7%, five-year bonds of Richmond Corporation, at face value, on June 30, 2016
The bonds pay interest on June 30 and December 31. At the date of purchase, Anthem intended to hold the bonds to maturity. The bonds are disposed of, at face value, on June 30, 2021. Prepare the journal entry for (omit the explanation) June 30, 2021 (assume that the last interest payment has already been recorded). What will be an ideal response