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EastWind [94]
1 year 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]1 year 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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3 years ago
Angus Company agreed to sell goods for Longhorn Company on consignment, but wasn't willing to take ownership of the goods in cas
vladimir2022 [97]

Answer: D. Longhorn owns the inventory and should report it on its balance sheet.

Explanation:

Goods to be sold on consignment for a company means a company is selling goods for another company and will be paid for their services.

In that case, the company being sold for will retain the ownership of the goods because the company that is selling it for them is simply providing a service.

Angus in this scenario are simply holding the goods to sell it and so do not own the goods. Longhorn should therefore record it in their own books as inventory.

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2 years ago
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The All-Star Basic Value Fund's portfolio is valued at $250 million. The fund has liabilities of $23 million, and the fund’s net
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$13.27 is the fund's number of shares outstanding

Solution:

Given,

The All-Star Basic Value Fund's portfolio is valued at $250 million

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2 years ago
Which of the following is an example of a basic requirement for a fulfilling career?
jekas [21]
The best and most correct answer among the choices provided by your question is the fourth choice or letter D.

<span>An example of a basic requirement for a fulfilling career is grabbing opportunities to learn and grow.</span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
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