Which of the following states that if an agent is empowered to enter into a contract that must be in writing, then the appointment of the agent must also be written?
a. Duty to obey instructions
b. Balanced contract rule
c. Fiduciary duty
d. Equal dignities rule
d
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Which of the following is an approach used to determine posting material?
a. Dual approach. b. Percentage approach. c. Qualitative approach. d. Planning approach.
Advertising is broadly defined as any paid form of personal promotion by an identified sponsor
Indicate whether the statement is true or false
A social entrepreneur who focuses on addressing the social needs of local communities is referred to a(n) ______________.
a. Social bricoleur b. Social constructionist c. Social technologist d. Social engineer
Seaquest Company's contribution margin income statement is presented below. Sales for the current period consisted of 5,000 units. Determine the company's break-even point in dollars. Seaquest CompanyContribution Margin Income Statement?Sales$125,000Variable costs90,000Contribution margin35,000Fixed costs28,000Net income$7,000
What will be an ideal response?