No File Was Uploaded Essay - 2307 Words

A fiduciary relationship allows the parties to avoid obligations without liability. ANSWER: F PAGE: 638 A corporate officer is not an agent for the corporation. ANSWER: F PAGE: 638 An officer of a corporation cannot possess the power to bind the corporation. ANSWER: F PAGE: 638 An agent is authorized to act on behalf of a principal in doing business with third parties. ANSWER: T PAGE: 638 An employee may act in the capacity of an agent. ANSWER: T PAGE: 638 A fiduciary relationship involves trust and confidence. 63 ANSWER: T PAGE: 638 An independent contractor’s physical conduct is controlled, or subject to control, by his or her employer. ANSWER: F PAGE: 639 An agency†¦show more content†¦ANSWER: T PAGE: 639 TYPE: = NAT: AACSB Analytic AICPA Legal A8. Agency relationships exist only outside employment relationships. ANSWER: F PAGE: 639 TYPE: + NAT: AACSB Analytic AICPA Legal B8. An independent contractor always acts in the capacity of an agent. ANSWER: F PAGE: 639 TYPE: = NAT: AACSB Analytic AICPA Legal A9. An agency relationship can be formed without consideration. ANSWER: T PAGE: 642 TYPE: N NAT: AACSB Analytic AICPA Legal B9. A minor cannot be appointed as an agent. ANSWER: F PAGE: 642 TYPE: = NAT: AACSB Analytic AICPA Legal A10. A minor can be an agent. ANSWER: T PAGE: 642 TYPE: = NAT: AACSB Analytic AICPA Legal B10. An agency relationship cannot exist in the absence of a formal agreement. ANSWER: F PAGE: 642 TYPE: = 66 TEST BANK A—UNIT SEVEN: AGENCY AND EMPLOYMENT NAT: AACSB Analytic AICPA Legal A11. There does not need to be a written agreement between two parties to create an agency relationship. ANSWER: T PAGE: 642 TYPE: = NAT: AACSB Analytic AICPA Legal B11. An agency relationship may be created for any legal purpose. ANSWER: T PAGE: 642 TYPE: = NAT: AACSB Analytic AICPA Legal A12. A principal may deny the existence of an agency relationship whenever it suits his or her purpose. ANSWER: F PAGE: 642 TYPE: = NAT: AACSB Analytic AICPA Legal B12. A licensed professional can employ an unlicensedShow MoreRelatedDesign And Implementation : Fixing The Bugs From The Previous Iteration982 Words   |  4 Pageswith the results being that I had faltered on two main aspects. †¢ I had forgotten to close of a comment correctly in my database.inc.php file, this meaning that the code assumed the commented line was that of php code and attempted to implement it causing an error when linking to the database. †¢ I placed my IF statement to confirm role types into the wrong file and as such the code tried to confirm the role type before the user actually logged in. Once these aspects were worked upon the applicationRead MoreKnowledgeWorker has a local file storage integration as a fundamental function for its users. Users700 Words   |  3 PagesKnowledgeWorker has a local file storage integration as a fundamental function for its users. 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