The consulting engagement document that will be prepared for presentation to the CEO is called a Non-Disclosure Agreement.
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What is Non-Disclosure Agreement?</h3>
A confidentiality agreement (also known as a nondisclosure agreement or NDA) is a legally enforceable contract in which a person or company pledges to treat specified information as a trade secret and not to reveal the secret to anyone without prior authorization.
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What is the purpose of an NDA?</h3>
An NDA's main aim is to secure information that will be transferred to another party by agreeing on how that information can and cannot be used.
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Answer:
A norminal wage is not adjusted for inflation and real wage is adjusted for inflation
The correct answer is the agent and principal will be jointly and severally liable on the contract.
In general, an agent is not accountable for contracts made; the principal is. However, the agent will be held culpable if he is not or only partially revealed, if the agent lacks or exceeds authorization, or if the agent entered into the transaction in a personal role.
When an agent works on behalf of the principle in interactions with a third party, a contractual relationship is formed between the main and the third party, and the agent is not personally accountable.
Therefore, the correct option is the agent and principal will be jointly and severally liable on the contract.
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Answer:
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Explanation:
Answer:
b. are selling costs and administrative costs.
Explanation:
A period cost consists of cost that do not fall under the category of fixed assets, payments in advance, or inventory. It is not that related to transactional event but highly related to the passage of time. A period cost is therefore recorded in the income statement as part of the selling and administrative expenses.
Some of the examples of period costs are utilities, rent, office supplies, stationery, depreciation of office equipment and others which are categorized as selling costs and administrative expenses.
