Question 31 4 pts A corporate officer is acting as a principal rather than as an agent when he or she signs a contract that legally binds the corporation. Group of answer choices

True

False Flag question: Question 32 Question 32 4 pts Which of the following statements is true about a corporate officer who signs a contract that legally binds the corporation? Group of answer choices

The officer is acting as a principal on behalf of an agent.

The officer is acting as an agent on behalf of a principal.

Both the officer and the corporation would be considered principals in the given example.

Both the officer and the corporation would be considered agents in the given example. Flag question: Question 33 Question 33 4 pts Limited partnerships may operate without including the word "limited" or an abbreviation of "limited" in the partnership name. Group of answer choices

True

False Flag question: Question 34 Question 34 4 pts Which section of the General Partnership Agreement Form contains miscellaneous information including arbitration? Group of answer choices

Article I

Article II

Article III

Article IV Flag question: Question 35 Question 35 4 pts Publicly held corporations cannot be multinational corporations. Group of answer choices

True

False Flag question: Question 36 Question 36 4 pts The term equity financing is used to describe what a corporation is doing when it takes out loans. Group of answer choices

True

False Flag question: Question 37 Question 37 4 pts The word "administrative" as used in the phrase "administrative law" has the same meaning as the word "administrative" as that word is used in business or at a private university. Group of answer choices

True

False Flag question: Question 38 Question 38 4 pts A "preponderance of the evidence" means proof beyond a reasonable doubt. Group of answer choices

True

False Flag question: Question 39 Question 39 4 pts In order to recover under workers' compensation law, an injured worker must demonstrate all of the following EXCEPT for which one? Group of answer choices

The accident was not the worker's fault.

The worker was an employee rather than an independent contractor.

Both the worker and the employer are covered by the state workers' compensation statute.

The injury took place within the scope of the worker's employment.