A principal's ratification of an agent's unauthorized act must be express.?
Indicate whether the statement is true or false
False
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The rate that a state assigns reflecting a company's stability or instability in employing workers is the:
A. Credit rating. B. Pay rate. C. Merit rating. D. Tax withholding rate. E. FICA rate.
The officers and the directors are fiduciaries of the corporation, but the business judgment rule may preclude liability on officers and directors for honest mistakes of judgment
a. True b. False Indicate whether the statement is true or false
The financial statements of Clearwater Furniture Company include the following items
2017 2016 Cash $54,500 $48,000 Short-term Investments 26,000 10,000 Net Accounts Receivable 97,000 106,000 Merchandise Inventory 156,000 145,000 Total Assets 525,000 546,000 Total Current Liabilities 230,000 213,000 Long-term Note Payable 60,000 55,000 What is 2017 cash ratio? (Round your answer to two decimal places) A) 0.19 B) 0.10 C) 0.35 D) 0.24
To successfully assert a design defect, a plaintiff has to show that no reasonable alternative design was available
Indicate whether the statement is true or false