How Many Ways Can a Committee of Four Students Be

question 100

Multiple Choice

How many ways can a committee of four students be selected from a 15-member club?

• A)15!/44!
• B)15!/(4! × 11!)
• C)15 × 14 × 13
• D)B and C

Differentiate between express, implied, apparent authority, and agency by ratification.

Recognize the fiduciary duties involved in agency relationships.

Understand termination conditions and consequences of agency relationships.

Identify how agency relationships impact contractual obligations.

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Definitions:

Incentives

Rewards or benefits, often linked to performance, that motivate individuals to act in certain ways.

Downsizing

The elimination of a significant number of employees from an organization.

Staffing

The hiring of people to carry out the work of the organization.

Organizing

The structuring of resources and activities to accomplish objectives in an efficient and effective manner.