Implied authority can be best described as a situation where:
A) The conduct of two parties indicate that they are acting in a principal and agent capacity.
B) The principal and agent undertake actions in accordance with their earlier agreement that
one act as agent for the other.
C) The principal has made representations to a third party that someone is to act as her
agent.
D) The agent has made representations to a third party that he is acting as an agent for
another.
E) Both B and C
A
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Job descriptions and job specifications should be readily available to those individuals to whom the descriptions and specifications pertain
Indicate whether the statement is true or false.
Switching production to products that absorb the highest amount of fixed manufacturing costs is also called ________
A) cost reduction B) cherry picking C) producing for sales D) throughput costing