Which of the Following Is Not Considered a Business (Source)document

question 146

Multiple Choice

Which of the following is not considered a business (source) document?

• A)Time card
• B)Purchase order
• C)Sales invoice
• D)Schedule listing all of the insurance policies in force

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Definitions:

Agent Lacks Authority

A situation where an agent acts outside of their given powers, potentially making their actions unbinding on the principal.

Notify the Third Party

The act of informing someone not directly involved in a transaction or agreement about relevant information or developments.

Disclosed Principal

A principal whose identity is known by the third party at the time a contract is entered into with the agent acting on behalf of the principal.

Signs the Contract

The act of agreeing to a contract's terms and legally binding oneself by signing a document.