29. The term \"usual authority\" refers to the authority that an agent has been

Question

29. The term "usual authority" refers to the authority that an agent has been allowed to exercise in the past a. True b. False ANSWER 30. An undisclosed principal will be bound by any contract the agent enters into with actual authority. a. True b. False ANSWER MULTIPLE CHOICE law by entering into contracts and crafting certain I. Managers can make their own governance struetures. a. public b. primary c. cohesive d. private ANSWER_ 2. The approach recognizes that "business decisions consist of continuous, interrelated economic and moral components." a. procedural b. systems c. conciliatory d. mandated ANSWER theory recognizes that firms have relationships with many constituent groups which 3. The both affect and are affected by the actions of the firm. a. stakeholder b. stockholder c. relational d. cohesive ANSWER 4. The was enacted after widespread abuses in the subprime mortgage market a. Walsh-Healy Mortgage Reformation and Consumer Protection Act of 2009 b. Mortgage Lending and Financial Reform Act of 2009 c. Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 d. Financial Institution Regulatory Pronouncement and Consumer Revision Act of 2010 ANSWER

Explanation / Answer

Answer 29. a. True

Answer 30. a. True

Answer 1. d. private

Answer 2. b. systems

Answer 3. a. Stakeholder

Answer 4. c. The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010

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