Anything that an agent obtains by virtue of the agency relationship belongs to the principal.
Answer the following statement true (T) or false (F)
True
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An approximation of the operating cycle can be determined from the receivable liquidity figures and the inventory liquidity figures
Indicate whether the statement is true or false
Inventory that is to be used to cover demand over the period between purchases or production runs is referred to as?
a. Cycle b. Hedge c. Safety stocks d. Transportation
Ben files a suit in a federal district court against Cathy. Cathy loses the suit, appeals to the U.S. Court of Appeals for the Second Circuit, and loses again. Cathy asks the United States Supreme Court to hear the case. The Court agrees to hear the case. This means that
a. at least four justices approve of hearing the case. b. Cathy's petition does not raise a possibility of an important constitutional question. c. the amount in controversy in Cathy's suit is greater than $100,000. d. the Court feels that the lower courts' judgments were erroneous.
The Fed directly stimulates spending by:
A. limiting the M1 form of money supply. B. increasing the interest rates. C. encouraging inflation in the market. D. buying government securities.