A principal must ratify an act done by an agent with implied authority before the principal is
liable for that act.
Indicate whether the statement is true or false
FALSE
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Which of the following are resources for business research offered by most libraries
What will be an ideal response?
Which of the following is a difference between an exchange market and an over-the-counter (OTC) market?
A) An exchange market is a securities market, whereas an OTC market is a goods market. B) An exchange market has no membership qualifications, whereas an OTC has membership qualifications. C) An exchange market provides a physical facility for the buying and selling of securities, whereas an OTC market has no physical facility. D) An exchange market involves brokers buying directly from the public, whereas an OTC market involves brokers buying and selling stocks through registered specialists.