Which of the following is a liability account?

A) Accounts Receivable
B) Cash
C) Building
D) Notes Payable


D

Business

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A principal's intent to ratify a contract:

A. may be inferred from the principal's failure to repudiate an unauthorized contract after becoming aware of it. B. may be inferred by a court from the fact that the agent accepted the benefits of an unauthorized contract. C. can only be inferred by the agent's actions. D. may not be implied by his acts or failure to act.

Business

Briefly describe the three marketing functions performed by marketing channel members, giving examples of each function

What will be an ideal response?

Business

An employer has no control over an employee's work

a. True b. False Indicate whether the statement is true or false

Business

Markup involves adding products that were initially unrelated to the present product line.

Answer the following statement true (T) or false (F)

Business