Author Question: An ad valorem tariff is: a. duty or tax levied by a government on an exported good b. flat tax ... (Read 242 times)

sam.t96 · **on:** Jun 24, 2018

An ad valorem tariff is:
a. duty or tax levied by a government on an exported good b. flat tax applied to each unit of the product
c. a tax imposed by the WTO on category B and E goods
d. applied only to such products as weapons, alcohol, and tobacco products e. none of the other choices

Question 2

Apparent authority arises when the principal creates an appearance of authority in an agent that leads a third party to conclude that the agent has authority to act for the principal.
a. True
b. False
Indicate whether the statement is true or false