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Dmitry_Shevchenko [17]
2 years ago
11

When an employer hires an employee to enter into contracts on behalf of the employer, a ______ relationship typically exists.

Business
1 answer:
Rainbow [258]2 years ago
6 0

When an employer hires an employee to enter into contracts on behalf of the employer, an <u>agency relationship</u> typically exists.

An agency relationship exists between an employer and the employee, when the former authorizes the latter to act on his behalf, including to enter into contracts and agreements.

The employer is called the principal, and the employee is called the agent. These arrangements are made with the consent of both parties, and the principal is bound by what his agent does.

Agency relationships are essential for firms that do business globally. This is because the principal, through the agent, is able to be in more than one place at a time, thereby expanding the scope of their business.

To learn more about agency relationships: brainly.com/question/15129864

#SPJ4

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In this case, the registered representative should verify the information and investment objectives.

<h3>Who is a registered representative?</h3>

A registered representative means a professional who possess the legal authority to sell some securities.

Hence, since he is assigned an account where the information of the client is listed, hence, he should verify the information and investment objectives.

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<em>brainly.com/question/18817716</em>

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3 years ago
MC 07 Countries A, B, and C are at a particular... Countries A, B, and C are at a particular level of economic integration. All
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Answer:

common market

Explanation:

We are not told anything about the political status of contries A, B and C, so we should assume that they lack political unity, therefore they are forming only a common market.

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The European Union started as a common market during the 1960s and 1970s known as the European Economic Community. Then it evolved into a political union. Another example would be the Mercosur in South America.

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The answer is D

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