Wanting to Save the Money She Would Have to Pay

question 19

Multiple Choice

Wanting to save the money she would have to pay for a commission,Marsha asks her friend Howard to check on the Internet and see if he can find a five-day cruise to the Bahamas for under $400 and if he does,to book it for her.He agrees,but later tells her he doesn't have time to check for her.Howard is:

• A) liable to Marsha for damages if she misses an opportunity to go on such a cruise because Howard terminated the agreement when he did not have the power to do so.
• B) not liable to Marsha because he was a gratuitous agent and had both the power and the right to quit any time he wanted.
• C) liable to Marsha for damages because Howard terminated the agreement without the right to do so.
• D) liable to Marsha for breach of the duty to cooperate.

---

Definitions:

Managerial Accounting

The field of accounting focused on providing financial information within a company to assist in decision-making and budget management.

Timeliness

The quality of providing information or taking action within an appropriate or expected time frame, often critical for decision-making processes.

Total Quality Management

A management approach focused on improving the quality of an organization's outputs, including goods and services, through continual improvement of internal practices.

Quality Improvement

A systematic approach to reducing or eliminating waste, errors, and defects in a production process or service operation, aimed at enhancing customer satisfaction.