________ releases a partner from liability for having exceeded his or her authority and binds the partnership to the contract as if it had been authorized all along.
A. Rescission
B. Emancipation
C. Ratification
D. Devolution
Answer: C
Business
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Answer the following statements true (T) or false (F)
Financial reporting for publicly listed companies in the United States was first regulated in the 1950s.
Business
Private agencies that perform governmental functions will be treated like
governmental agencies by the courts. a. True b. False
Business
Within the relevant range, the total fixed costs and the variable cost per unit remain the same
Indicate whether the statement is true or false
Business
Markup is measured either as a percentage of ____ or a percentage of ____.
A. selling price; cost B. cost; profit C. revenue; contribution margin D. resources used; cost E. demand; competition
Business