Examlex

Solved

A Third Person Dealing with the Agent of a Disclosed

question 22

True/False

A third person dealing with the agent of a disclosed principal ordinarily intends to make a contract with the principal, not the agent.


Definitions:

Taxable Income

the amount of income that is subject to income tax after allowances, deductions, and exemptions.

Dividends Paid

The total amount of money distributed by a corporation to its shareholders from earnings.

Stock Price

The current price at which a share of a company is bought or sold in the market.

Dividend Yield

A ratio indicating the annual dividend payment by a corporation in comparison to its stock price.

Related Questions