Agency relationships created against public policy are void and unenforceable

Which one of the following statements concerning formula plans is correct?

A) The use of subjective judgment is important to the routine administration of most formula plans. B) Formula plans are based on the adherence to a mechanical set of rules with regard to when to buy and/or sell. C) The objective of most formula plans is to maximize profits. D) Securities with very stable prices are best suited to nearly all formula plans.

In the pull approach to manufacturing, the sales forecast drives the production plan and goods are produced in large batches

Indicate whether the statement is true or false