When an agent signs a contract in the principals name he orshe is acting on beha

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When an agent signs a contract in the principals name he orshe is acting on behalf of a(n) __________ principal.A. disclosed B. undisclosed C. apparent D. statutoryA receipt for goods that are to be shipped is known as a:A. warehouse receipt. B. bill of lading.C. bill of sale. D. bill of purchase.A warehouse receipt is used for goods that are being:A. imported. B. stored. C. exported. D. sold immediately.Title to goods passes when the:A. court approves the transaction.B. majority party votes for it to pass.C. parties intend for it to pass.D. bill of sale is approved.In a sole proprietorship the entrepreneur has to obtain a general__________ from his or her local municipality.A. fiscal access B. stock reserveC. business license D. corporate authority

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