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kvasek [131]
1 year ago
7

Which one of the following is NOT a fiduciary duty required of an agent? Disclosure Care Confidentiality Accounting Obedience Co

ntrition Loyalty
Business
1 answer:
-Dominant- [34]1 year ago
5 0

A limited power of attorney fiduciary duty required of an agent Disclosure Care Confidentiality Accounting Obedience Contrition Loyalty.

A fiduciary relationship is a role of belief, and the agent owes the principal the obligation of obedience, loyalty, disclosure, confidentiality, accounting, and reasonable care (old automobile).

Fiduciary duty is defined by means of Black's regulation Dictionary as “an obligation of extreme precise religion, belief, confidence, and candor owed by using a fiduciary (which includes an attorney or corporate officer) to the beneficiary (which includes a lawyer's purchaser or a shareholder); a responsibility to act with the highest degree of honesty and loyalty towards any other .

fiduciary obligation to someone else, the person with the duty must act in a way in order to gain someone else, usually financially. the individual that has a fiduciary duty is known as the fiduciary, and the individual to whom the responsibility is owed is referred to as the predominant or the beneficiary.

Learn more about fiduciary  here:brainly.com/question/17080270

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You might be interested in
Dodge, Incorporated acquires 15% of Gates Corporation on January 1, 2013, for $105,000 when the book value of Gates was $600,000
nata0808 [166]

Answer:

Goodwill    35,000 debit

   Investment in Gates      25,000 credit

  Retained Earnings          10,000 credit

--to adjust for change of method--

Explanation:

600,000 x 15% = 90,000

purchased at     105,000

<em>goodwill of 15,000</em>

<em />

+ 150,000 x 15% of net income = 22,500

- 50,000 x 15% dividends          =   (7,500)

<em>investment at the end of 2013:</em>

90,000 + 22,500 - 7,500 = 105,000

Then we purchase 25%

105,000 represent 15%

thus 25% would be: 105,000 / 0.15 x 0.25 = 175,000

purchased at 200,000

goodwill of 25,000 to be recognized.

So, equity method will be:

105,000 + 175,000 = 280,000 for the proportional equity

and 15,000 + 25,000 = 35,000 goodwill

Total of 315,000

While fair value will not recognize goodwill. and also, the investment is not modified when dividends and the gain for the year are delcared.

It measure at cost unless the market value of the stock decrease so we got:

105,000 1st purchase + 200,000 2nd purchase = 305,000

To adjust we are going to decrease investment by 25,000 and increase goodwill by 35,000 the other will go into retained earnings to balance out.

8 0
3 years ago
A nation's long-run growth rate is equal to the sum of: Group of answer choices labor force growth and capital growth. growth in
jonny [76]

Answer:

labor force growth and productivity growth.

Explanation:

A country's long run growth rate is generally calculated by adding the increases in the market value of the goods and services produced within a country during a period of time. It is generally stated as a percentage growth of real GDP.

The real GDP's growth rate is determined by two factors: labor force growth and productivity growth. So it is determined by the growth in productivity, demographic growth and labor force participation.

7 0
3 years ago
If someone produced too little of a good, this would suggest that rational choice cannot be applied to many economic decisions.
juin [17]
If someone produced too little of a good, this would suggest that the good was produced to the point where its marginal benefit exceeded its marginal cost.
Both are metrics used in economics for measurement of costs and benefits.
Marginal benefit is the gain the business receives for doing anything "one more time.", while marginal cost is the additional cost the business incurs to produce one more unit.
This means that if someone produced too little of a good, the business gained more than it lost.
8 0
3 years ago
Patricia Hill Collins refers to race, class, gender, etc. as "interlocking structures of oppression." Implied in that statement
sergeinik [125]

Answer:

Patricia Hill Collins – Interlocking Structure of Oppression

Patricia Hill Collins is Charles Phelps Taft Professor of Sociology within and she is also a former Chair of the Department of African American Studies at the University of Cincinnati. Professor Patricia Collins received her B.A. and Ph.D. degrees in sociology from Brandeis University, and a degree in M.A.T. from Harvard University. She is a social theorist; her research and scholarship have dealt primarily with issues of gender, race, social class, sexuality and nation specifically relating to African American women. She has published number of articles in professional journals such as Sociological Theory, Ethnic and Racial Studies, Social Problems, Signs, and Black Scholar, as well as in various edited volumes.

In 1993 Patricia Collins wrote a wonderful piece discussing race, class, and gender as categories of analysis and connection in American society. This is very informative and let me take this liberty to summarize what I consider to be important things which we all should know about.

We live in a society which contains many kinds of people living around us. May times we all differ from each other. There are people are people around us from different backgrounds, race, caste, creed etc. With these different people, there are some people who are being oppressed for a long time in our society. These people are the victim of oppression. Due to this oppression and inequality, we have made a generalization that some people are victims and some are an oppressor. But this idea is somewhat flawed. For example, white skin women fight for the right to equality of women but little did they understand that white skin people have been oppressing black people for ages.

We live in a world where a group of people says about the oppression which they have faced at maximum. They talk about extreme oppression case of the people. People should know that these cases and concepts of oppression are full of contradictions and errors. In this world, If we look closely, we will come to know that there are only a few people who are pure victims of this oppression , otherwise, we all have oppressed other people at one point or another.

If we look closely to ourselves then, we’ll come to know that there is a piece of oppressor inside us. And this is the reason that world is having more oppressors and very less pure victims. We should look at our behavior while talking to other people, especially those who are in a minority so that we can take care of the piece of oppressor within us. In order to take care of this inequality, we need to understand new visions of what is oppression. When we’ll look at the terms closely, our ideas and vision can lead to short-term social changes and revolutions.

People talk about inequality and oppression most of the times, but they forget that sometimes, the oppressed people have many privileges based on their care, color, creed, gender etc. These things should be much more talked and taken care of. There are also some people who are oppressor according to some culture and oppressed according to another. Thus, we need some more info and a New vision to look into these flaws of the society. And it is seen many times that these institutions are interlocked.

The society we live in is a complex web of problematic relationship with the people living in it. There is a kind of cobwebs in the society these days. All people are having problems and personal issues living in the society. This is a part where inequality also plays a major role. We genuinely and sincerely need a new vision to fight this inequality.

Re-conceptualizing race, class, gender as a group for analysis

In order to Re-conceptualize this concept of oppressor and victim, we need to understand the fact that we all are oppressed and oppressor at some point in time. We must stop the additive analysis of oppression that is adding race, gender and class oppression will lead to a greater sum. And apart from that, we stand on the pillars of quantification of the oppression. We can’t deny the fact that there are people who are more oppressed than other and also the intensity may vary.

In order to establish new thinking in our society, we need to ask new questions to ourselves, see through the new vision and new perspective in the society. Our task is redefined in order to remove any kind of oppression and inequality in the society.

Explanation:

4 0
3 years ago
Jerry's job includes many credit activities. He is responsible for collecting and processing loan payments, answering questions
jonny [76]

Answer:

C. Processing loan payments

Explanation:

(ECOA )is an abbreviation of Equal Credit Opportunity Act. The law prohibits any form of credit discrimination to any applicant, be it racial, color, age, or any other.

Jerry's job description matches that of an offer working in a credit department. His duties revolve around assisting customers with loan applications and processing. His role is covered under ECOA. Jerry must give each applicant an equal opportunity to access credit.

4 0
3 years ago
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