In Providing AOD Treatment for the Elderly,what Is One Important

question 13

Multiple Choice

In providing AOD treatment for the elderly,what is one important consideration?

• A)treatment centers need to employ older counselors for empathic understanding
• B)bereavement,loneliness,and physical pain may be treatment issues
• C)Twelve Step groups may not be appropriate because most AA members are middle aged
• D)alcoholism is not common in the elderly since this condition is usually identified earlier in life

Identify the maturity date of notes receivable.

Understand the implications of dishonored notes and the appropriate accounting entries.

Grasp the nature and negotiability of promissory notes.

Differentiate between various notes receivable terms such as face value and maturity value.

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Definitions:

Agency Agreement

A contract creating a fiduciary relationship whereby the first party consents that the actions of a second party bind them in relations with a third party.

Principal

The main party to a transaction or contract who has authorized an agent to act on their behalf.

Apparent Agency

A legal concept where a person appears to be, or is mistakenly believed to be, authorized to act as an agent for another party.

Agency by Estoppel

A principle by which a person or entity is prevented from denying the authority of another who has been allowed to act as their agent, despite not officially having been granted the role.