Bob enlists the help of his son to buy a new car. On the way to test-drive several models, Bob
tells his son, "I'm leaving this entire decision up to you except that you are not to spend over
$20,000 on whatever car you decide on".
At the Toyota dealer, Bob tells the salesperson, "I'm
turning this whole decision over to my son, so deal with him even though it will be my car."
Later, the son returns to the dealership and negotiates the purchase of a Toyota Camry for
$21,500. What type of authority, if any, existed for the son to purchase this car?
A) Apparent
B) Dependent
C) Implied
D) No authority existed here
E) Actual
A
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Personal property consists of everything that is not real property
Indicate whether the statement is true or false
Customers demand muffalettas at the rate of 24 sandwiches per hour. Use the information in Table 5.4 to determine the minimum number of work stations needed to achieve exactly the output rate of customer demand
A) 4 B) 5 C) 6 D) 7