The starting point in developing the master budget is the preparation of the ________

Which of the following best describes a partially disclosed agency?

A) an agent with multiple principals who do not know each other's identities B) a transaction in which the third party does not know the identity of the agent C) a transaction in which the third party knows the agent, not the principal D) an agent who discloses only the name of his or her principal in a transaction

Which of the following is true of tenancy at sufferance?

A) It can be terminated only after an eviction proceeding. B) It cannot be terminated as the holdover tenant has the title of transfer. C) It has a specific period before expiration. D) It requires a notice period that equals the length of payment period.