Liability for contracts formed by an agent depends on how the principal is classified and on whether the actions of the agent were authorized or unauthorized.
a. true
b. false
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Liability for contracts formed by an agent depends on how the principal is classified and on whether the actions of the agent were ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
According to the National Minimum Drinking Age Act, if states refused to raise the drinking age, which of the following would occur? A. They would lose federal highway funding B. They would be required to pay a fine C.
Answers (1)
Elemental Pharma Inc. recently acquired Crick Pharmaceuticals Inc. It now sells its own productsalong with the products originally sold by Crick Pharmaceuticals.
Answers (1)
Wally works for a puppy puppy dog treat company he finds that they are losing sales to a company that sells cheap or treats he talks to his boss about having a sale and Pepe puppy treats which of the 4P's of marketing is an example of
Answers (1)
Vertical integration is: a. A firm's ownership of vertically related activities b. A firm's control over its input sources and the distribution of its output c. A firm establishing close relationships with its suppliers and its buyers d.
Answers (1)
Ad valorem tariffs are a. the same as import quotas. b. import taxes calculated as a fixed charge for each unit of imported goods. c. import taxes calculated as a fraction of the value of the imported goods. d.
Answers (1)
New Questions in Business
List four factors you should consider when selecting a financial institution.
Answers (1)
Suppose you just won the state lottery, and you have a choice between receiving $3,025,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity
Answers (1)
Seashore Home provides house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finished. Some customers ask that the business send them a bill.
Answers (1)
AST Computers purchases most of its parts from several suppliers and then assembles products based on customer specifications. The company's hard drive supplier's contract will expire soon and AST intends to shop around for a new supplier.
Answers (1)
A project has a required return of 12.6 percent, an initial cash outflow of $42,100, and cash inflows of $16,500 in Year 1, $11,700 in Year 2, and $10,400 in Year 4. What is the net present value?
Answers (1)