Which of the following is NOT a duty imposed by the law on an agent:

A) Duty to act within the scope of authority
B) Duty to act with reasonable care and skill
C) Fiduciary duty
D) Duty to negotiate contracts with third parties in good faith.
E) All of the above are duties imposed on an agent


C

Business

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Compton Company expects the following total sales:   MonthSalesMarch$30,000April$20,000May$30,000June$25,000The company expects 60% of its sales to be credit sales and 40% for cash. Credit sales are collected as follows: 30% in the month of sale, 70% in the month following the sale. The budgeted accounts receivable balance on May 31 is:

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

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Ben is responsible for the promotions and public relations of his firm, which produces rubber tires. A recent development in technology may change the way in which the rubber for tires is produced, allowing it to be sourced from the roots of dandelion plants. Ben would like to have a story run on the evening news or in the local newspaper about this development, but he knows that this story is likely to be rejected by media personnel because the material is

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Business