Janelle has an art collection that she wants to sell. She calls Amber and tells her to sell the art collection for her at an upcoming auction. Amber agrees. This is an example of
A) apparent authority
B) respondeat superior.
C) intermediary agency.
D) express authority.
D
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Which of the following is not a possible cause of post-earnings-announcement drift?
a. Financial analysts over-react to fundamental signals stemming from securities. b. Shareholders do not distinguish well between the cash flow portions and the accrual portions of earnings. c. Financial analysts’ forecast errors lead to incomplete security price adjustments. d. Transaction costs are too high relative to the potential gain that can be earned from the mispricing of the securities.
In the Snyder model that develops a framework to address ethical crises, ________________ crises occur within the organization but are rare and unpredictable.
a. Internal-normal b. External-normal c. Internal-abnormal d. External-abnormal
A major breach of contract is called a breach of warranty
Indicate whether the statement is true or false