An airline ticket for travel to Honolulu and back is what kind of property?

A) Real intangible B) Personal intangible
C) Real tangible D) Personal tangible

B

Business

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"When an agent's duties are specifically spelled out in the contract with the insurance company, this is an example of

A) apparent authority B) legal authority C) express authority D) implied authority"

Business

A merchant is a person who:

A) By his or her skill or occupation, holds himself or herself out as having special skill or knowledge regarding the goods in the transaction. B) Deals in goods of the kind involved in the transaction. C) None of the above would qualify a person as a merchant. D) A or B would qualify a person as a merchant.

Business