Which of the following statements is true of contracts of agency?

A) The legal requirements to be an agent are the same in all states.
B) Corporations cannot act as agents in contracts of agency.
C) Every agent must possess a valid license authorizing the agent to act as one.
D) All people legally competent to act for themselves may act through an agent.


D

Business

You might also like to view...

Marketers publicize inbound toll-free numbers to consumers in television and print ads, direct mail, and catalogs. The benefit to sellers is that it presents an opportunity for consumers to order products and for the seller to build the relationship

A benefit to consumers is ________. A) increased convenience B) increased telemarketing calls C) decreased telemarketing calls D) 24/7 availability of support E) a discounted price on the product

Business

Many profitable firms fail because of lack of cash. 

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

Business

Explain the debt ratio and its use in analyzing a company's financial condition.

What will be an ideal response?

Business

Regardless of the kind of data, data will ultimately be expressed in IP Addresses format so that computers can process it

Indicate whether the statement is true or false

Business