If an independent contractor enters into a contract with a third party on behalf of the principal without express or implied authority from the principal to do so, who among the following is liable on the contract?
A) the principal
B) the independent contractor
C) the third party
D) both the principal and independent contractor
B
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The ______ is the proportion of incongruent beliefs held in relation to the number of consonant beliefs.
A. selective exposure B. post-decision theory C. selective attention D. dissonance ratio
All of the following are broad principles underlying the accountant's code of professional ethics except
A) objectivity. B) integrity. C) loyalty. D) independence.
For the issuer of ten-year bonds, the amount of amortization using the effective-interest method would increase each year if the bonds were sold at a Discount Premium
a. No No b. Yes Yes c. No Yes d. Yes No
An income statement account that is used to record cash overages and cash shortages arising from petty cash transactions or from errors in making change is titled:
A. Cash Lost. B. Cash Receivable. C. Bank Reconciliation. D. Petty Cash. E. Cash Over and Short.