In an undisclosed agency, both the principal and the agent are liable on the contract with the

third party.

Indicate whether the statement is true or false


TRUE

Business

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Kat is not worried about offering contrary or radical ideas in team meetings because both the team leader and the team members are supportive of new or even seemingly strange ideas and don't laugh at or criticize each other. Kat has a strong feeling of psychological safety within her team.

Answer the following statement true (T) or false (F)

Business

NewAge, Inc. made total cash sales in February of $666,000, which are subject to 7.5% sales tax. Prepare the summary entry to record the transaction

What will be an ideal response

Business

A mechanical cat is made of two front leg assemblies, a body assembly, one tail, one head assembly, and two back leg assemblies

Each head assembly has two eyes, one nose, one mouth, and 24 whiskers. Each back leg assembly has one foot, five claws, one each fibula, tibia, and femur. The cat production company runs a lot for lot system on everything except the legs, which they order in cases of 36, and the claws, which come by the gross. Lead time for assembly and shipping is shown in the table. Use the master production schedule for mechanical cats to complete the MRP record. What's the planned order release for leg assemblies in week 3? Item Week 1 2 3 4 5 6 Mechanical Cat MPS Due Date 75 125 240 300 250 LT = 1 week Start Assembly Item Gross Requirements Leg Assembly Scheduled receipts 70 LT = 2 weeks Projected ending Inventory Begin Inv = 20 Net Requirements Planned Receipts Planned Orders Claw Scheduled receipts LT = 1 week Projected ending Inventory Begin. Inv. = 65 Net Requirements Planned Receipts Planned Orders A) 504 B) 612 C) 468 D) 596

Business

Daryl, age 42, quit his job. His employer offered a defined contribution pension plan, and the balance in the account was $30,000 when Daryl quit. He can avoid immediate taxation of these funds by

A) taking a lump-sum distribution. B) using an IRA rollover account. C) receiving the money through four equal installments. D) using the funds to purchase common stock issued by the former employer.

Business