The transformation process transforms

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Reference no: EM132159323

1. The transformation process transforms ________.

goods and services into products

materials into goods only

inputs into goods and services

inputs into services only

2. If an agent claims to have authority but in fact has none, the principal is:

a. responsible for the agent's dealings with third parties who have no reason to think the agent has authority.

b. not responsible for the agent's dealings with third parties who have no reason to think the agent has authority.

c. responsible for up to 25% of the monetary value of any contracts entered into by third parties and the agent.

d. none of the other choices are correct.

e. responsible for up to 50% of the monetary value of any contracts entered into by third parties and the agent

3. A(n) ____ has the same contract responsibilities as an assignee under a nonnegotiable instrument.

a. holder in due course

b. temporary holder

c. regular holder

d. ordinary holder

e. nonnegotiable holder

2. In the French court system, the top court, cour de cessation:

a. does not have the authority to pronounce judgment

b. may strike down any act of the legislature or the president

c. may reverse decisions of the International Court of Justice

d. all of the other choices are correct

e. may pronounce new sections of the codes to replace existing code sections

Reference no: EM132159323

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