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faust18 [17]
3 years ago
11

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

Business
1 answer:
mario62 [17]3 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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Suppose the government implements a negative income tax plan to deal with the poverty problem. The negative income tax rate is s
Andreas93 [3]

Answer:

At least $2,500. If the family's income was $0, then the government will transfer $2,500 to them.

Explanation:

A negative income tax refers to a welfare system where individuals earning below a certain amount, instead of being taxed, receive money transfers from the government.

4 0
3 years ago
Which of the following methods is useful for recovering stolen property
Tju [1.3M]
Since you didn't give any methods to choose from, I will post several that can help a person recover their stolen goods. Contacting the police is the best way to recover your goods. A person should always write down serial numbers of their items such as electronics, guns, etc. The police should document and recover any physical evidence left at the crime scene. If you have jewelry in your home, you should always have a picture of all the jewelry to aid in the recovery. <span />
5 0
3 years ago
Read 2 more answers
which theory of economics believes the only way to increase economy growth is to remove regulations and lower taxes?
JulijaS [17]
Answer: Supply Side Theory.
4 0
2 years ago
Siva, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B)
Digiron [165]

Answer:

The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B.  

Payback period A=2,1539 years.

Payback period B= 3,0042 years

Explanation:

The payback period refers to the amount of time it takes to recover the cost of an investment. The payback period is the length of time an investment reaches a breakeven point.

<u>Cash Flow A:</u>

                $

I0= - 70.000

1=     28000 =    -42000

2=    38000 =    -4000

3=     26000 =    22000

Payback period= full years until recovery +

                             unrecovered cost beginning year/Cashflow  during year

Payback period A= 2  + (4000/26000)= 2,1539 years.

<u>Cash Flow B:</u>

                $

I0=   -80000

1=       20000 =   -60000

2=       23000 =   -37000

3=       36000 =    -1000

4=       240000 =   239000

Payback period B= 3 + 1000/240000= 3,0042 years

<u>The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B.  </u>

<u></u>

7 0
3 years ago
Carly donated inventory (ordinary income property) to a church. She purchased the inventory last month for $100,000, and on the
MissTica

Answer:

$92,00

Explanation:

Base on the scenario been described in the question which we saw how Carly donated an to the church, when she purchased the gift, it was $100,000 but when she is to present the gift to the church, the fair market value became $92,000 which is her maximum charitable contribution deduction

the charitable deduction for ordinary income property is the lesser of fmv or basis limited to 50% of AGI

8 0
3 years ago
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