Answer:
The answers are : unauthorized, identified, facts, affirm, authorization, withdraws, observe.
Explanation:
Ratification occurs when the principal accepts responsibility for the agent's unauthorized acts. For ratification to be valid, the agent must have acted on behalf of an identified principal, that principal must know all of the material facts , must affirm the agent's act in its entirety, and must have the legal authorization to ratify the transaction both at the time the agent engages in the act and at the time the principal ratifies it. The principal's ratification must occur before the third party withdraws from the transaction, and the principal must observe the same formalities when ratifying the act as would have been required to authorize it initially.
The statement " whether employer-sponsored or privately purchased, disability insurance plans will cover 70% of your lost income" is: b) False.
<h3>What is disability insurance plans?</h3>
Disability insurance plans can be defined as an insurance plan that help to cover the cost of people that are physically disabled.
When a person is disable due to work hazard the employers may tend to provide short-term or long term disability insurance plans that will help to provide income to disable person.
Therefore the statement " whether employer-sponsored or privately purchased, disability insurance plans will cover 70% of your lost income" is: b) False.
Learn more about Disability insurance plans here: brainly.com/question/16810465
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Answer:
<u>$38.5 million</u>
Explanation:
Since the April Wood incoming transactions-accounts receivable increased by 4 million we obtain the cash value by substracting the question total accounts receivable value from the sales.
Where;
sales= $42.5 million
accounts receivable increase= $4 million
Amount of cash April Wood Products received from customers during the reporting period=
$42.5 million - $4 million= $38.5 million
Answer:
The correct answer is d. few firms possess superior capability in all primary and support activities.
Explanation:
Outsourcing shifts tasks, operations, jobs, or processes to an external workforce, by contracting with a third party for a significant period of time. A major reason outsourcing is effective is that some firms might not be capable to perform all secondary and primary activities. A company may implement a new process and outsource the work to trained workers, instead of investing the time, money and effort to train and maintain internal workers.
