Author Question: A partner's authority to act for the partnership is similar to the authority of a(n): A) agent to ... (Read 90 times)

renzo156 · **on:** Jun 24, 2018

A partner's authority to act for the partnership is similar to the authority of a(n):
A) agent to act for a principal.
B) independent contractor to act for an employer.
C) shareholder to act for a corporation.
D) employee to act for another employee.

Question 2

Under the cost approach of valuation for assessment:
A)the value of the property is based on sales of similar property.
B)the value of the property is based on the prospective income that will be earned by the land.
C)the value of the property is based on the replacement cost of the buildings on the property.
D)None of the above