Cabinet members of cabinet-level federal departments are chosen directly by the president

Economy of scale is minimized when a firm achieves the best operating level

a. true b. false

Smith entered an oral agreement hiring and authorizing Jones to sell fraudulent identification cards produced by Smith. Smith and Jones orally agreed to share the proceeds from their enterprise. Later, Jones claimed that no enforceable agency relationship was created. Jones is correct because

A. Jones did not have authority. B. Jones did not have contractual capacity. C. The purpose of the agency was contrary to public policy. D. The agreement was a partnership.