Examlex

Solved

Pedro Has a Contract to Build a Garage

question 5

True/False

Pedro has a contract to build a garage.He delegates the wiring job to a local electrician who improperly performs it.
Pedro is responsible, even though he delegated the duty.


Definitions:

Break-Even Sales

The amount of revenue needed to cover all fixed and variable expenses, resulting in neither profit nor loss.

Foreign Division

A segment or branch of a company that operates in a country different from the company's headquarters, engaging in business activities outside its home market.

Break-Even Sales

The amount of revenue needed to cover all fixed and variable costs, resulting in zero profit and zero loss.

Domestic Division

A segment or branch of a company that operates within the company's home country.

Related Questions