It is basic tenet of agency law that notice to the agent is notice to the principal

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


True

Business

You might also like to view...

Scissorwire Inc sells shares of its stock to the public, with each share valued at $16. After a year, the company incurs a loss and the price of each share drops to $5

The company reveals that it had deliberately not registered with the SEC before going public and that it has no money to pay the investors. Which of the following holds well in this context? A) Scissorwire Inc. can register with the SEC at any point after the dip in shares. B) The U.S. government can file a criminal lawsuit against Scissorwire Inc. to seek criminal penalties. C) The investors have been negligent in not verifying registration before purchase of shares and cannot rescind their purchase. D) Scissorwire Inc. is liable for the violation of the Securities Exchange Act of 1934.

Business

The decision to delete a product is never taken lightly because, generally, manufacturers

A. have used brand repositioning to improve results. B. have promised consumers they will maintain the product. C. have made substantial investments in product development and manufacturing. D. must meet federal standards when taking products off the market. E. have offered the product line to other firms for purchase.

Business

A system has one service facility that can service 10 customers per hour. The customers arrive at an average rate of 6 per hour. Utilization is ________

Fill in the blank with correct word.

Business

You have the following data on three stocks:  StockStandard DeviationBetaA20%0.59B10%0.61C12%1.29If you are a strict risk minimizer, you would choose Stock ____ if it is to be held in isolation and Stock ____ if it is to be held as part of a well-diversified portfolio.

A. A; A. B. A; B. C. B; A. D. C; A. E. C; B.

Business