A person who undertakes to make a contract on behalf of another person gives an implied warranty that he is in fact authorized to make the contract on behalf of the person he purports to represent
a. True
b. False
Indicate whether the statement is true or false
True
Business
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The proceeds from discounting a $20,000, 60-day, note payable at 6% is $20,200
a. True b. False Indicate whether the statement is true or false
Business
Only property owners are liable for cleanup costs of contaminated sites under Superfund laws.
Answer the following statement true (T) or false (F)
Business
List and describe the three types of budgets that are included in the master budget.
What will be an ideal response?
Business
If a business sells 5,000 units for a total profit of $200,000, what is its profit per unit?
A. $50 B. $400 C. $40 D. $500
Business