Which of the following occurs if both a principal and an agent cannot agree on the compensation?
A) The principal is no longer bound by the duty of compensation.
B) Compensation will be calculated on the basis of what is reasonable or customary.
C) Compensation will be calculated according to government wage rates.
D) Compensation will be determined by the full faith and credit clause of the U. S. Constitution.
B
Business
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A joint stock company is treated as a partnership because its members own shares that are nontransferable
Indicate whether the statement is true or false
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If you are far away from retirement, you should consider investing in ________ for your retirement account
A) Ginnie Mae or Treasury bond funds B) certificates of deposit (CDs) C) mutual funds with high growth stocks D) corporate bonds
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