When an Exercise Becomes Easier, the Person Should

question 66

Multiple Choice

When an exercise becomes easier, the person should:

• A) stop the program and enjoy the strength gained.
• B) apply the progressive resistance training principle.
• C) stick to the same program to increase the strength.
• D) use a lower repetition maximum to avoid injuries.

Distinguish between express and implied authority and their implications for principal-agent relationships.

Explain the concept of ratification and its types in agency relationships.

Understand the application of the doctrine of imputation in principal-agent relationships.

Differentiate between the liabilities of disclosed and undisclosed principals.

---

Definitions:

Accounts Receivable Period

The accounts receivable period is the average number of days it takes for a company to collect payments owed by its customers after a sale has been made.

Expected Sales

The projected amount of sales that a company anticipates to achieve within a specific period.

Average Collection Period

The average number of days it takes a company to receive payment after a sale has been made.

Operating Cycle

The period between the acquisition of inventory and the collection of receivable generated from sales, reflecting how long it takes for a business to convert its inventory into cash.