The authority of an agent to perform all incidental acts necessary to fulfill the purposes of the agency agreement is called
A) implied authority.
B) declared authority.
C) apparent authority.
D) express authority.
Answer: A
Business
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Differential analysis is a method that looks at how operating income would differ under each budget scenario
Indicate whether the statement is true or false
Business
You own two mutual funds. Fund A has an expected return of 12% and a beta of 0.8. Fund B has an expected return of 18% and a beta of 1.4
If your portfolio beta is the same as the market portfolio, what proportion of your portfolio is invested in fund A? A) 1/4 B) 1/3 C) 1/2 D) 2/3 E) 3/4
Business