A principal has no duty to compensate his or her agent if:
A) the agent breached the duty of obedience.
B) the agent breached the duty of loyalty.
C) it is a gratuitous agency.
D) All these are correct.
D
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Credible commitments are tangible investments in the strategic relationship and involve spending money to improve the supplier's products or services provided to the customer.
Answer the following statement true (T) or false (F)
A significant risk is the same as a material risk
a. True b. False Indicate whether the statement is true or false
Which of the following results in a situation where an auditor has the least amount of difficulty in determining stock valuation?
a. When stock is issued for land. b. When stock is exchanged for another business. c. When stock options are issued and exercises occur. d. When stock is issued for cash.
Pulse Mobiles Inc. is a cell phone manufacturing company. Its latest range of smartphones are visually similar to the Y-series range of smartphones from Talkie Gen Inc., in terms of its shape and look-and-feel. Which of the following strategies has Pulse Mobiles Inc. used to replicate the valuable and rare resource of Talkie Gen Inc.?
A. strategic equivalence B. substitution C. direct imitation D. innovation