Question 27 2 out of 2 points kirk is the chief

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Question 27 2 out of 2 pointsKirk is the chief financial officer of Lemon Corporation, which is required to file certain financial statements with the Securities and Exchange Commission (SEC). Under the Sarbanes-Oxley Act of 2002, Kirk must personallyAnswer Selected Answer:Question 1 2 out of 2 pointsGenetic Seed Company hires Howie to work on Genetic's shipping dock, accepting deliveries and dealing with other companies' drivers. With respect to Genetic, Howie is most likelyAnswer
Selected Answer:c. an agent.Question 2 2 out of 2 pointsIf a principal does not ratify an unauthorized contract, the principal is not bound.Answer Selected Answer: TrueQuestion 3 2 out of 2 pointsA principal is never liable for an agent's fraud unlessthe agent has the apparent authority to commit torts.Answer Selected Answer: FalseQuestion 4 2 out of 2 pointsAn agency relationship can be formed without consideration.Answer Selected Answer: TrueQuestion 5 2 out of 2 pointsIf a principal breaches a duty owed to an agent, an agent may withhold
performance and demand an accounting.Answer Selected Answer: TrueQuestion 6 2 out of 2 pointsSela agrees to act on Thom's behalf, subject to Thom's control, and Thom trusts Sela to so act. They set out the terms in a written document, which they both sign. This isAnswer Selected Answer:Question 7 2 out of 2 pointsA principal owes an agent a duty of ratification.Answer Selected Answer: FalseQuestion 8 2 out of 2 pointsNorth Mining Company and South Excavation Company agree to abide by the decisions of East Coast Financial Corporation as to their respective levels of production,
markets, and prices, effectively reducing competition and increasing profits. This is most likelyAnswer Selected Answer:Question 9 2 out of 2 pointsDiners Café and Eatery, Inc., are competing restaurants in Freetown. Good Food, Inc., plans to open a restaurant in Freetown.Diners and Eatery file a number of baseless, time-consuming, expensive suits against Good Food. Under the Noerr-Pennington doctrine, Good Food canAnswer Selected Answer:Question 10 2 out of 2 pointsWind Turbines, Inc., has the power to control the market for its product. Antitrust law regulatesAnswer Selected Answer:
Question 11 2 out of 2 pointsAn agreement that fosters competition is an unreasonable restraint of trade.Answer Selected Answer: FalseQuestion 12 2 out of 2 pointsCooperative research by small-business firms is exempt from antitrust law.Answer Selected Answer: TrueQuestion 13 2 out of 2 pointsImperio Caffeine Corporation makes and sells coffee under a variety of brand names. Imperio wants to merge with Java Company, its main competitor. In weighing a challenge to the deal, a court looks at the relevant product market. This most likely includes coffee andAnswer Selected Answer:Question 14
2 out of 2 pointsAcquiring monopoly power through anticompetitive means violates antitrust law.

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