The degree to which an agent disclosed the agency relationship affects:
A) The principal's liability on a contract that the agent negotiates.
B) The agent's liability for a tort committed by the agent.
C) The principal's liability for a tort committed by the agent.
D) The agent's liability on a contract that the agent negotiates.
E) All of the above.
D
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Which of the following is an illustration of the classification issue?
A) At what amount should land be shown on the balance sheet? B) At what point should the payment of salaries to employees be recorded? C) Should supplies be recorded as an asset or as an expense? D) At what point should a bill be paid for the purchase of an item?
A budget can contain only financial information
Indicate whether the statement is true or false
Serial bonds are issued in a series so that a specific amount of the total bond issue is repaid (matures) each year (or periodically) starting with a specific year after the initial issue date of the bonds
Indicate whether the statement is true or false
Concern that Microsoft's 86 percent share of the PC operating system market was a ________ that limited consumers' Internet access to its Internet Explorer browser instead of offering them a choice of browser led to lawsuits and consent decrees from the U.S. Justice Department and investigations and fines from the European Union.
A. monopolistic competition B. a megopoly C. a pure monopoly D. pure competition E. an oligopoly