1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ankoles [38]
2 years ago
9

Because corporate officers have the implied power to bind the firm in matters directly connected to its business, there is no li

mit to what the officer can do. True False
Business
1 answer:
mr Goodwill [35]2 years ago
5 0

It should be noted that corporate officers have the implied power to bind the firm in matters directly connected to its business.

<h3>Who are corporate officers?</h3>

corporate officers serves as those workers in a company or an organization who are seen as officials and they have allocated duties and responsibilities .

These officers posses the power to bind the firm in matters directly connected to its business.

Learn more about corporate officers at,;

brainly.com/question/24518056

You might be interested in
All of the following are factors in the fraud triangle except A. Ethical behavior of an individual B. Materiality of the assets
Verdich [7]

Answer:

Materiality of the assets

Explanation: Materiality is known to as misstatements, including omissions, and these are considered to be material if they, individually or in the aggregate, could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements.

6 0
3 years ago
Which of the following do the growth or decline of a company's revenues measure?
lina2011 [118]
The rate of inflation
3 0
3 years ago
The ethical, legislative, social initiative is the agency responsible for
meriva

They are responsibl for the consideration of ethical, legal, and social implications related to the human genome.

Hope this helps.

4 0
3 years ago
Forty-five percent of the labor force in Armenia is involved in the agricultural sector, but the economic growth in the nation c
Mademuasel [1]

I think structural unemployment

5 0
3 years ago
Rowan Co. purchases 200 common shares (40%) of JBI Corp. as a long-term investment for $600,000 cash on July 1. JBI Corp. paid $
aleksley [76]

Answer:

1. Jul-01

Dr Investment in JBI Corp $ 600,000

Cr Cash $ 600,000

2. Nov-01

Dr Cash $ 5,000

Cr Investment in JBI Corp $ 5,000

3. Dec-31

Dr Investment in JBI Corp $ 100,000

Cr Investment revenue $ 100,000

Explanation:

1. Preparation of Rowan's entries to record the purchase of JBI shares

Jul-01

Dr Investment in JBI Corp $ 600,000

Cr Cash $ 600,000

[To record investment in common shares of JBI Corporation]

2. Preparation of Rowan's entries to record the receipt of its share of JBI dividends

Nov-01

Dr Cash [12,500*40%] $ 5,000

Cr Investment in JBI Corp $ 5,000

[To record receipt of dividends]

3. Preparation of Rowan's entries to record the December 31 year-end adjustment for its share of JBI net income

Dec-31

Dr Investment in JBI Corp [$250,000*40%] $ 100,000

Cr Investment revenue $ 100,000

[To record share of net income for the year]

4 0
3 years ago
Other questions:
  • In 2020, Dooling Corporation acquired Oxford Inc. for $250 million, of which $50 million was attributed to goodwill. At the end
    8·1 answer
  • Explain why the human resource function should be aligned with an organization’s strategic plan (use ideas from the Module One d
    6·1 answer
  • A mathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing
    7·1 answer
  • Leon’s goal was to save $100 in a year, but he saved $120. What percent of his goal did he reach?
    9·2 answers
  • Which Texas regulatory board, established in 1891, is considered one of the most powerful state regulatory bodies in the United
    15·1 answer
  • Suppose an economic boom drives up wages for the sales representatives who work for cell phone companies. This will cause the:__
    14·1 answer
  • All investments carry the same amount of risk?<br> True or false?
    12·2 answers
  • The two aspects of the process for evaluating the results of a marketing decision are evaluating the decision itself and _______
    11·1 answer
  • determine the present value now of an investment of $3,000 made one year from now and an additional $3,000 made two years from n
    14·1 answer
  • A company's ______ can be described as the set of values, ideas, and attributes that is learned and shared among its members
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!