If apparent authority is present, the principal is liable for even the unauthorized acts of the agent
a. True
b. False
Indicate whether the statement is true or false
True
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Identify a true statement about strategic partnerships.
A. Members of strategic partnerships have a high level of dependence on and trust in each other. B. Strategic partnerships typically have a shorter time horizon than functional relationships. C. Strategic partnerships have lower levels of risks than functional relationships. D. In this partnership, buyers and sellers are not locked into a continuing relationship; thus, buyers can switch from one supplier to another to make the best possible deal. E. Both the buyers and the sellers in strategic partnerships pursue their own self-interests.
Intense global competition and rapid technological advances combine to create a(n) ________-imposed project duration date.
Fill in the blank(s) with the appropriate word(s).
Receipt of a share of business profits is prima facie evidence of a general partnership
Indicate whether the statement is true or false
An HMO is both an insurer and provider of medical care
Indicate whether the statement is true or false