Which of the following would lead to the termination of an agency by operation of law?

A) the loss or destruction of the subject matter of the agency
B) the death of either the principal or agent
C) the loss of a required qualification
D) a change in the law

B

Business

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Given an accounts receivable turnover of 10 and annual credit sales of $900,000, the average

collection period is A) 90 days. B) 40.56 days. C) 36.50 days. D) 18.25 days.

Business

________ is (are) one of the trading intermediaries a small company can use to enter the global marketplace

A) Export merchants B) Joint ventures C) International franchising D) Establishing international locations

Business