In general, an undisclosed principal and the third party to a contract are contractually bound if the agent acts within the scope of his actual authority in making the contract
Indicate whether the statement is true or false
True
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Describe briefly how the enhanced distribution of news benefits the MPR process
What will be an ideal response?
In the context of employee compensation, which of the following statements is true of the various performance pay options?
A. Pay for knowledge involves awarding bonuses and pay increases in exchange for increases in knowledge. B. Larger commissions go with larger base pay. C. Bonuses involve payment as a percentage of sales. D. Profit-sharing plans reward employees with a share of company profits even when the determined goals are unmet.
Pedregon Corporation has provided the following information: Cost per Unit Cost per PeriodDirect materials$6.35 Direct labor$3.75 Variable manufacturing overhead$1.50 Fixed manufacturing overhead $15,000Sales commissions$0.50 Variable administrative expense$0.55 Fixed selling and administrative expense $4,500 If the selling price is $20.60 per unit, the contribution margin per unit sold is closest to:
A. $7.95 B. $6.00 C. $10.50 D. $4.05
Why is the most common interest-rate model used to describe the behavior of interest rates a one-factor model?
What will be an ideal response?