A principal may NOT unilaterally terminate an agency when the

A. agency is a written agreement.
B. the agency is coupled with an interest.
C. the principal has received benefits from the agency.
D. consideration is due the agent.

Answer: B. the agency is coupled with an interest.

Business

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Which of the following statements is TRUE regarding the 2011 T hoku earthquake and tsunami?

A) It devastated eastern sections of Japan. B) Some manufacturers around the globe had been relying exclusively on suppliers located in the affected zones. C) Japanese-built vehicle outputs for Toyota and Honda were down more than 60% in the month following the disaster. D) Manufacturers in several industries worldwide took 6 months or longer before they saw their supply chains working normally again. E) All of the above are true.

Business

The rate of return on net book value for equipment decreases as the equipment ages

Indicate whether the statement is true or false

Business