8. Irma retains Jerry as her authorized agent, unaware that Jerry is a minor. Jerry
enters into a contract with Ken on Irmas behalf. The contract is
a. binding on Irma.
b. binding on Jerry and Ken, but not Irma.
c. binding on Ken, but not Irma or Jerry.
Sample Answers for End-of-Chapter
Questions with Sample Answer
Chapter 21: Employment Discrimination
342. Question with Sample Answer
Chinawa, a major processor of cheese sold throughout the United States,
employs one hundred workers
EthicsandBusiness Decision Making
Theconcepts setout inthis chapter include the nature ofbusiness ethicsand the rela tionship between eth ics
and business. Ultimately, the goal ofthis chapter istoprovide you with basic to
1. The stability and predictability created by the law is essential to business
2. Law is a body of enforceable rules governing relationships among individuals and
between individuals and their society. True
3. The natural law p
Bus 201 Spring 2009 MW Final
True/False Indicate whether the sentence or statement is true or false. _ _ _ _ _ _ _ _ _ 1. A contract must be in writing to be enforceable if performance is impossible within one year. 2. An assignee of a right to receive mo