When a principal accepts the consequences of the activities of a person who had previously not been the principal's agent, the principal:
a. exposes the agency b. reissues the agency c. delimits the agency d. cancels the agency
e. none of the other choices
e
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For a statement of changes in net worth, which of the following would be an unrealized decrease in net worth?
a. Decrease in value of furnishings b. Salary c. Income taxes d. Increase in value of land e. Interest income
Which of the following is a correct statement regarding the global dimensions of U.S. antitrust laws?
A) The U.S. Department of Justice has stated that U.S. antitrust law will be applied to all business practices, even if they have no "direct or intended effect" on the foreign commerce of the United States. B) Most commentators agree that even trivial restraints on the foreign commerce of the United States are likely to be prosecuted. C) U.S. appellate courts have held that U.S. courts have jurisdiction over business conduct by a foreign corporation that is based on a decision by the corporation's government to replace a competitive economic model with a state-regulated model. D) The courts of the United States evaluate the lawfulness of acts of foreign sovereigns performed within their own territories.
Which of the following is not appropriate when preparing a reply?
A) Use the indirect organizational plan. B) Put the "good news" in your first paragraph. C) Respond to the request promptly. D) Include answers to both implied and stated questions. E) Answer questions even if readers do not want that response.
Which of the following statements is FALSE? When purchasing a condominium a buyer should make sure they are aware of
A) the by-laws the condominium board has passed B) the right of the condominium board to fine owners for certain behaviours C) the contingency fund that the condominium board has set up for repairs D) the number of other owners of condos who have very large mortgages on their units E) the monthly maintenance fees and possible changes to the fees proposed for the future