For a ratification to be effective, the principal must:
A) have knowledge of all material facts concerning the transaction.
B) communicate her intent to ratify to the third party.
C) renegotiate the contract with the third party.
D) All of these are correct.
A
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Innovative structures commonly share all of the following characteristics, EXCEPT ______.
a. flexibility b. specialist division of labor c. limited bureaucracy d. coordination with cross-functional teams
Under the corporate form of business organization
A) ownership rights are easily transferred. B) a stockholder is personally liable for the debts of the corporation. C) stockholders' acts can bind the corporation even though the stockholders have not been appointed as agents of the corporation. D) stockholders wishing to sell their corporation shares must get the approval of other stockholders.
Establishing a sole proprietorship generally requires the owner to get a charter from the state government.
Answer the following statement true (T) or false (F)
How has e-commerce changed the marketing of goods?
What will be an ideal response?