Examlex
The equal dignity rule requires that if a contract entered into by an agent is or must be in writing, the agent's authority must also be in writing.
Profitability
Refers to a company's ability to generate earnings over its costs and expenses within a specified time frame.
Absorption Costing
A costing method that includes all manufacturing costs—direct materials, direct labor, and both variable and fixed overhead—in the cost of a product.
Return on Investment
A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the return of an investment by its cost.
Markup Percentage
The percentage by which the cost of a product is increased to determine its selling price.
Q4: Without authorization, Lars contracts on behalf of
Q8: Jess receives a check from Kelly. Without
Q9: Bob owns a virtual asteroid near the
Q10: Bette backs out of City Parking Garage,
Q14: A contract for the sale of minerals
Q16: Idina wants to buy a promissory note
Q19: Unless otherwise agreed, joint venturers have an
Q36: A principal's ratification of an agent's unauthorized
Q47: A course of performance is the conduct
Q53: Bayou Boats, Inc., contracts for the sale