A Disclosed Principal Is Liable to a Third Party for a Contract

question 13

True/False

A disclosed principal is liable to a third party for a contract made by the agent acting within the scope of his or her authority.​

Understand the structure and function of synapses, including differences between chemical and electrical synapses.

Recognize the nervous system's major roles in control and communication throughout the body.

Explain how neuromodulators affect synaptic transmission.

Understand the behavior of neurons during hyperpolarization and depolarization phases.

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Definitions:

Intangibles

Assets that do not have physical form, such as patents, trademarks, and goodwill, but are valuable to a business.

Amortized Cost

The accounting method that gradually reduces the book value of an intangible or tangible asset through periodic charges to income.

IFRS

International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) that outline how financial statements should be prepared and disclosed.

Straight-Line Depreciation

A method of calculating the depreciation of an asset which allocates an equal portion of the asset's cost over each year of its useful life.