Actual authority involves powers given by the principal to the agent

a. True
b. False
Indicate whether the statement is true or false

True

Business

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What is discrimination against a majority group called?

What will be an ideal response?

Business

Assume a U.S. firm uses a forward contract to hedge all of its translation exposure. Also assume that the firm underestimated what its foreign earnings would be. Assume that the foreign currency depreciated over the year. The firm would generate a translation ____, which would be ____ than the gain generated by the forward contract.

a. loss; smaller b. loss; larger c. gain; larger d. gain; smaller

Business