When an agent signs a contract in the principals name, he or she is acting on behalf of a

When an agent signs a contract in the principals name, he or she is acting on behalf of a

When an agent signs a contract in the principals name, he orshe is acting on behalf of a(n) principal. A. disclosed B. undisclosed C. apparent D. statutory A receipt for goods that are to be shipped is known as a: A. warehouse receipt. B. bill of lading. C. bill of sale. D. bill of purchase. A warehouse receipt is used for goods that are being: A. imported. B. stored. C. exported. D. sold immediately. Title to goods passes when the: A. court approves the transaction. B. majority party votes for it to pass. C. parties intend for it to pass. D. bill of sale is approved. In a sole proprietorship, the entrepreneur has to obtain a general from his or her local municipality. A. fiscal access B. stock reserve C. business license D. corporate authority


Comments are closed.