Kip is Lulu's agent and is authorized to write checks on Lulu's account in Metro Bank. Kip writes a check pay to the order of Nemo. Kip signs the check Lulu, by Kip, agent. If Metro Bank dishonors the check, liability extends to

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm