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EastWind [94]
2 years ago
9

An agency that occurs when a principal and an agent categorically agree to enter into an agency agreement with each other is kno

wn as a(n) ________.
Business
1 answer:
Zepler [3.9K]2 years ago
6 0

express agency

Explanation:

Express agency means an actual agency created by written or oral agreement between the principal and the agent. Through this agreement the principal authorizes a person to act as the principal's agent. For example, a written listing agreement between a seller of real estate and broker is an express agency

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If the credit balance of the Allowance for Doubtful Accounts account exceeds the amount of a bad debt being written off, the ent
Firlakuza [10]

Answer:

d.No effect on the expenses of the current period.

Explanation:

In the case when the credit balance of the allowance for doubtful debt more than the bad debt amount i.e. written off

So the entry for writing off against the allowance would result in no effect on the expense for the present period

As the bad debt expense is debited and the allowance for doubtful debt would be credited therefore the option d is correct

4 0
3 years ago
A foodhandler has finished trimming raw chicken on a cutting board and needs it to prep vegetables. what must be done to the cut
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It must sanitized. However it is a better practice to use a different cutting board.
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3 years ago
The pharmaceutical company Merck's new drug Vioxx was a blockbuster, generating revenues of $2.5 billion a year by 2002 and grow
nalin [4]

Answer:

Core Values

Explanation:

In the given scenario, Merck has deviated from its core values which are dedicated to the healthcare sector and transparency of drug development. It manipulated and didn't made the side effects of the drug public during testing.

4 0
3 years ago
Read 2 more answers
The perfectly price-discriminating monopolist is like the __________ in this regard.
Nadusha1986 [10]

Answer:

The correct answer is perfectly competitive firm.

Explanation:

The discriminating monopoly of prices is that where each unit of the product is placed at a different rate. That is, the seller charges each customer differently, depending on various factors such as the budget constraint.

The marginal income curve of the monopolist that can discriminate perfectly is exactly the same as its demand curve. The level of production maximizing the benefit of the benefit is Q *, which is the one in which the CMC curve is cut and the demand, the economic benefit (II).

8 0
3 years ago
Select the situation that will occur when a shortage of bread exists, and consumers pressure producers to change their actions.
love history [14]
The answer is : Producers respond by supplying more bread

When shortage of breads increases, the demand of the product will jump through the roof, which will also increase its price

To gain the maximum profit, the producers will respond by supplying more bread until the shortage is eliminated
7 0
4 years ago
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