Ozzy is an officer of Prudent Financial Corporation. Ozzy serves in a representative capacity for Prudent Financial's owners. With respect to binding Prudent Financial to contracts, Ozzy is
a. an agent and has the authority.
b. an agent but does not have the authority.
c. not an agent and does not have the authority.
d. not an agent but does have the authority.
a
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The head of the marketing area told Alex to find the most stringent federal regulations on advertising to create the toughest standards. "If we can pass those, we should be able to get by all regulations." One real problem is
A. as long as the advertising does not contain sexually explicit content, there are no regulations. B. state regulations are not always consistent with federal standards. C. FCC regulations create a uniform standard that preempt all other regulations. D. in most cases, standards are changing almost daily. E. European countries have agreed to follow the U.S. standards, so it's a matter of working with the U.S. federal regulations.
In a(n) ________ the bulk of the financial activity is with nonresident counterparties
A) representative office B) offshore banking center C) correspondent bank D) foreign branch of a bank
What is the MSbetween value?
What will be an ideal response?
Lowden Company has an overhead application rate of 160% and allocates overhead based on direct material cost. During the current period, direct labor cost is $50,000 and direct materials used cost $80,000. Determine the amount of overhead Lowden Company should record in the current period.
A) $31,250. B) $50,000. C) $80,000. D) $128,000. E) $208,000.