Acc 612 - Study guides, Class notes & Summaries
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ACC 612 UPDATED Exam Questions and CORRECT Answers
- Exam (elaborations) • 39 pages • 2024
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Agency Def: Relationship authorizing one party (the agent) to act for and on behalf of 
the other party (the principal). 
Agency = Principal AND Agent 
Formation of the Agency Relationship Consensual Agreement. 
-Formed through express consent (oral or written) 
-Equal Dignity Rule. Some states: if law requires written contract, Agent's authority must be 
in writing. (example: land sales contract) 
Agency is a "fiduciary" relationship based on trust and confidence. 
No consideration requi...
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ACC 612 Certification Exam Questions and CORRECT Answers
- Exam (elaborations) • 33 pages • 2024
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On April 2, Jet Co. wrote to Ard, offering to buy Ard's building for $350,000. The offer 
contained all of the essential terms to form a binding contract and was duly signed by Jet's 
president. It further provided that the offer would remain open until May 30 and an 
acceptance would not be effective until received by Jet. On April 10, Ard accepted Jet's offer 
by mail. The acceptance was received by Jet on April 14. 
For this item only, assume that on April 13 Ard sent a letter to Jet w...
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Core Java 19 topics Questions and Answers
- Exam (elaborations) • 257 pages • 2022
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/ *	THREADS-0 */ 
 
1Q.What will be the output of the program? class MyThread extends Thread { 
public static void main(String [] args) { MyThread t = new MyThread(); (); 
S("one. "); (); S("two. ");} 
public void run() 
{ 
S("Thread "); 
}} 
 
ans : an exception occurs at runtime. 
 
2Q.Which of the following statements can be used to create a new Thread? (Choose TWO) 
 
Implement .Thread and implement the start() method. Extend .Thread and override the run() method. ** Implement .Runnabl...
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