Cox engaged Datz as her agent. It was mutually agreed that Datz would not disclose that he was acting as Cox's agent. Instead, he was to deal with prospective customers as if he were a principal acting on his own behalf. This he did and made several contracts for Cox. Assuming Cox, Datz, or the customer seeks to avoid liability on one of the contracts involved, which of the following statements
is correct?
a. Cox must ratify the Datz contracts in order to be held liable.
b. Datz has no liability once he discloses that Cox was the real principal.
c. The third party can avoid liability because he believed he was dealing with Datz as a principal.
d. The third party may choose to hold either Datz or Cox liable.
.C
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Accrued revenues
A. have been earned and collected, but not yet recorded. B. have been collected, but not yet earned or recorded. C. have been collected and recorded. D. have been earned, but not yet collected or recorded.
The legal theory that holds accountants liable to any member of a limited class of intended users for whose benefit the accountant has been employed is the Section 552 of the Restatement (Second) of Torts
Indicate whether the statement is true or false
The Treaty Establishing the European Community and the ________ of 2010 are the principal sources of law in the EU, pertaining to business between and among its member states
A. Multilateral Agreement on Investment B. Lisbon Treaty C. Trade and Investment Framework Agreement D. Free Trade Agreement
One of the first factors that increased the importance of human resource management was
a. the 1964 Civil Rights Act. b. the worker revolution. c. technological advances in computers. d. the increase in manufacturing. e. the growth in the service sector.