The most widely used report format for communication within an organization is the letter report
Indicate whether the statement is true or false
F
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Which of the following is an instance of misuse of confidential information?
A) An agent gives the seller the principal's name and phone number in a fully disclosed transaction. B) A principal gives the contact details of an agent to a third-party without the agent's knowledge. C) An agent withholds critical information from the principal about the agency. D) An agent divulges private details of his past employer to his principal.
A bank that draws a check on itself has issuedÂ
A. a special indorsement. B. a claim in recoupment. C. a certificate of deposit. D. a cashier's check.
If an agent competes with his principal without the principal's consent:
a. he is violating his duty of obedience and performance b. he is violating his duty of cooperation c. he is violating his duty to reimburse d. he is violating his duty to play fair e. none of the other choices are correct
Suppose Paul Tram borrowed $15,000 at 9.12% for 120 days. If the bank uses exact simple interest, what is the amount of interest?
a. $427.30 b. $429.25 c. $449.75 d. $437.27