All categories

2 years ago

Incapacity or death, bankruptcy, or destruction of property are examples of circumstances where agency terminates by ______.

1 answer:

7 0

Incapacity or death, bankruptcy, or destruction of property are examples of circumstances where an agency terminates by Operation of law.

This is further explained below.

<h3>What is the Operation of law.?</h3>

Generally, A legal circumstance in which a person acquires certain rights (or occasionally duties) without having to take any action, needs the cooperation of another person, or is the subject of a judicial order.

In conclusion, Incapacity or death, financial ruin, or the loss of property are some examples of situations that might result in the termination of an agency as a result of the operation of the legislation.

You might be interested in

A company that produces a single product had a net operating income of $90,000 using variable costing and a net operating income

tensa zangetsu [6.8K]

Answer:

a. Decreased by 7010 units

Explanation:

Variable costing net operating income$ 90,000

Add manufacturing overhead costs

deferred in inventory under absorption

costing ($125,750-$90,000) $35,750

Deduct fixed manufacturing overhead costs released from inventory under absorption costingAbsorption costing net operating income $125,750

Fixed manufacturing overhead per unit = $58,650 ÷ 11,500 units = $5.1 per unit

Manufacturing overhead deferred in (released from) inventory = Fixed manufacturing overhead in endinginventory − Fixed manufacturing overhead in beginning inventory$35,750= ($5.1 per unit × Units in ending inventory) − ($5.1 per unit × Units in beginning inventory)$35,750 = $5.1 per unit × (Units in ending inventory − Units in beginning inventory)(Units in ending inventory − Units in beginning inventory)

= $35,750÷ $5.1 per unit = 7,010 units

5 0

3 years ago

Read 2 more answers

Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio'

Solnce55 [7]

Answer:

What would your portfolio's new beta be? 2,04

Explanation:

"To calculate the ending Beta by changing one stock it's necessary to find how much weigh the stock we are removing from the portfollio.

7.500 / 150.000 = 0,050 , now we have the participation of the stock in the portfolio, then we weigh the beta of the stock we want to remove by this number, 1,00 (Beta) x 0,050 (weight in the portfolio) = 0,050 (Beta), the number it's the same as the weight because the Beta is 1,00.

Now with this final number we can ponderate the new Beta in the Portfolio, so we multiply the 0,50 (weight) * 0,75 (New Beta) = 0,038 New Beta. We substitute the beta we remove for this one and we get the NEW BETA PORTFOLIO of 2,04. Please see details below:

Portfolio # Beta NEW Beta Weight Old Beta New Beta

$ 7.500 1 1,00 0,75 0,05 0,05 0,04

$ 7.500 2 2,05 2,05 0,05 0,10 0,10

$ 7.500 3 2,05 2,05 0,05 0,10 0,10

$ 7.500 4 2,05 2,05 0,05 0,10 0,10

$ 7.500 5 2,05 2,05 0,05 0,10 0,10

$ 7.500 6 2,05 2,05 0,05 0,10 0,10

$ 7.500 7 2,05 2,05 0,05 0,10 0,10

$ 7.500 8 2,05 2,05 0,05 0,10 0,10

$ 7.500 9 2,05 2,05 0,05 0,10 0,10

$ 7.500 10 2,05 2,05 0,05 0,10 0,10

$ 7.500 11 2,05 2,05 0,05 0,10 0,10

$ 7.500 12 2,05 2,05 0,05 0,10 0,10

$ 7.500 13 2,05 2,05 0,05 0,10 0,10

$ 7.500 14 2,05 2,05 0,05 0,10 0,10

$ 7.500 15 2,05 2,05 0,05 0,10 0,10

$ 7.500 16 2,05 2,05 0,05 0,10 0,10

$ 7.500 17 2,05 2,05 0,05 0,10 0,10

$ 7.500 18 2,05 2,05 0,05 0,10 0,10

$ 7.500 19 2,05 2,05 0,05 0,10 0,10

$ 7.500 20 3,10 3,10 0,05 0,15 0,15

$ 150.000 1,000 2,05 2,04

7 0

3 years ago

A national health care plan would also control the wildly escalating cost of prescription drugs. This would particularly benefit

Kamila [148]

Pathos. The author is trying to connect and persuade the audience through an emotional truth and reality.

8 0

3 years ago

What are the objectives of HRM?

lesantik [10]

Answer:

Explanation:

The primary objective of HRM is to ensure the availability of competent and willing workforce for an organization. Beyond this, there are other objectives too. Specifically, HRM objectives are four fold: Societal, Organization, Functional and personal

4 0

3 years ago

Retained earnings:40)A)Generally consists of a company's cumulative net income less any net losses and dividends declared since

levacccp [35]

Answer:

The correct answer is letter "A": Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.

Explanation:

Retained Earnings is the portion of the net earnings of a company that it does not pay as dividends to stakeholders. The corporation retains this money and reinvests it or uses it to pay off a portion of its debt. <em>Retained earnings are calculated by taking the retained earnings at the beginning of the period and adding the current year's net income. Then, net losses are subtracted. The final result represents the retained earnings of the period.</em>

3 0

3 years ago