Cameron,a Purported Agent,signs a Contract and Promissory Note to Purchase

question 9

Multiple Choice

Cameron,a purported agent,signs a contract and promissory note to purchase a building for Burnstar Constructions,a purported principal.Though Cameron is an unauthorized representative,Burnstar Constructions likes the deal and accepts it.Which of the following is true of the deal ratified by Burnstar Constructions?

• A) The deal is invalid due to the fraud in the inducement rule.
• B) The deal is invalid due to the fraud in the inception rule.
• C) Burnstar Constructions is liable on the note.
• D) Cameron is liable on the note.

Calculate net amount payable to employees considering hourly rates, overtime, and withholdings.

Comprehend the components and effects of employer payroll taxes on financial statements.

Recognize the treatment and recording of employee benefits, such as vacation pay and pension rights.

Understand the fundamentals of pension plans and their financial statement implications.

---

Definitions:

Environment

The sum of all external conditions and influences affecting the life and development of organisms, including natural and built environments.

Need to Belong

An inherent human drive to form and maintain strong, stable interpersonal relationships.

Proximity Effect

The phenomenon where individuals become more attracted or feel closer to those who are physically nearer to them.

Relationships

Connections or associations between two or more people, which can vary in intensity and importance.