Which of the following is not true about a corporation's ratification of an officer's act?

A) It applies to an authorized act of an officer.
B) It relates back to the original transaction.
C) It may be either express or implied from the corporation's acceptance of contractual benefits.
D) The corporation must have full knowledge of the facts in order to ratify the act.


A

Business

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To evaluate the amount of dividends they receive, investors use the ratio called

a. Price Earning ratio b. Dividend yield ratio c. Return on Equity d. Current ratio

Business

Pearle runs her small business with an iron fist. She feels that her employees should know on a regular basis how they are doing with regard to their performance and with reaching the strategies and goals that she has laid out. Although it sounds like a tough work environment, her employees are happy because they have a high sense of involvement and security. What flow of communication direction does Pearleā€™s business have?

A. lateral B. horizontal C. downward D. upward

Business

The salesperson who asks the prospect, "Are you dissatisfied with how frequently you have to charge your rechargeable batteries?" is:

A. at the implication stage of the SPIN approach. B. remembering the KISS. C. at the need-payoff stage of the SPIN approach. D. using probes. E. beginning the implementation of the FAB approach.

Business

Communication is defined as "the transmission of information and meaning from one individual or group to another." The crucial element of this definition is A) transmission

B) information. C) meaning. D) individual.

Business