An agency relationship may NOT be terminated by
a. completion of the agreement.
b. expiration of the terms of the agreement.
c. agreement of the parties.
d. someone outside the agency relationship.
Answer: d. someone outside the agency relationship.
Business
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Paulina works as an order-taker at a fast food restaurant. She does not cook food, or even package the final order, but inputs the order and takes payment. Paulina reports directly to the shift manager, and seldom interacts with the general manager. This is an example of a mechanistic organization.
a. True b. False
Business
Potential savings from a lockbox system will be reduced by:
A) local bank charges. B) an increase in interest rates. C) the additional mailing time required. D) the additional processing time required.
Business