The duty of performance requires agents to ________
A) keep books accurately
B) exercise reasonable care and skill in performing their work
C) communicate all material information to a principal
D) follow all the instructions of a principal
B
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The stockholders' equity section of the December 31, 2011, balance sheet for Inglenook Interiors, Inc before its recent stock dividend: Common stock, $5 par, 100,000 shares issued and outstanding $ 500,000 Additional paid-in capital 100,000 Retained earnings 725,000 Total stockholders' equity $1,325,000 Inglenook declared a 10% stock dividend when the market price per share was $8.00. After the
stock dividend, the components of Inglenook's stockholders' equity section were: Common Stock Paid-in Capital Retained Earnings A) $580,000 $100,000 $645,000 B) $550,000 $100,000 $805,000 C) $580,000 $130,000 $805,000 D) $550,000 $130,000 $645,000
Which of the following elements in separation costs includes removal of an employee from payroll?
A. Administrative functions related to termination B. Increased unemployment tax C. Separation pay D. Exit interview
The amount of the claim of preferred stockholders in liquidation is normally equal to the market value of the preferred stock
Indicate whether the statement is true or false
Explain cross joins and how one might result by accident
What will be an ideal response?