Investors in Treasury notes and bonds receive ____ interest payments from the Treasury

In a sole proprietorship, the proprietor has ultimate responsibility for business decisions.

a. true b. false

An agency relationship

A. Must be in writing if it is to be legally enforceable. B. Creates a fiduciary duty on the principal's part. C. Can be created by estoppel, i.e., implied as a matter of law. D. Is normally delegable as a matter of law.