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faust18 [17]
4 years ago
11

The agency relationship is a fiduciary relationship and is based upon trust

Business
1 answer:
mario62 [17]4 years ago
4 0

Answer:

True

Explanation:

Trust must exist between the agent and the client, and the agent should remain loyal to his or her client.

Agency relationships exist when an agent (a person) acts for or on behalf of his client (also referred to as the principal).

This type of relationship can only exist as long as mutual trust exists between the agent and his client.

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The danger associated with the abuse of a vehicle is compared to the danger of _____
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The danger associated with the abuse of a vehicle is compared to the danger of a loaded gun that could cause injury or worst death if being abused. Most tragic incidents in the streets/roads are due to vehicular accidents that cause many damages, including the loss life.

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3 years ago
Suppose Robina Bank receives a deposit of $53,589 and the reserve requirement is 3%. Answer the questions using this information
g100num [7]

A) 2,679.45
B) 50,909.55
C) 1,071,780
Explanation:
The bank will keep 5% of the deposit:
53,589 x 5% = 2,679.45‬
Then, it will have in excess the remainder:
53,589 - 2,679.45 = 50,909.55‬
This amount can be used for another.
This makes a hypothetical loop. The borrower can also deposit and creating the chance or another loan and so on. The cycle repeats indefinitely
The maximum amount of new money can be determinate as follow:

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3 0
3 years ago
A gold processor has two sources of gold ore, source A and source B. In order to keep his plant running, at least three tons of
vfiekz [6]

Answer:

that is letter A

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3 0
3 years ago
In preparation for developing its statement of cash flows for the year ended December 31, 2016, Millennium Solutions, Inc., coll
-Dominant- [34]

Answer:

$7 million

Explanation:

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Net Cash flow from Investing activities $7 million

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3 years ago
“formal evaluation could include testing the predictive capabilities of the models on observed data to see how effective and eff
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This is known as in-sample forecast. It estimated the model using all available data and then comparing it to the model's fixed values to the actual realizations. But, this method is known to attract an overly positive picture of the model's forecasting ability since common fitting algorithms tend to take pains to avoid big prediction errors and are also inclined to overfitting (mistaking noise for signal in the data).
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3 years ago
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