The correct answer is D) express authority.
Janelle has an art collection that she wants to sell. She calls Amber and tells her to sell the art collection for her at an upcoming auction. Although not specifically told to do so, Amber prints flyers and distributes them to all the art galleries in the area. Amber’s actions are an example of express authority.
Express authority means that an agent has the power to make decisions and act on behalf of another person. In this case, Janelle gave Amber the authority to act in the best interests of her art collection to be promoted by her agent, The authority could be granted orally or written. WIth that faculty, Amber is supposed to do everything to promote and sell Janelle's' art collection.
The other options of the question were A) apparent authority. B) respondeat superior. C) intermediary agency.
On the off chance that the government forces a price ceiling on garbanzo beans of $8 it will come about the market equilibrium will be reached.
Market equilibrium is a state in which the market supply in the market is equivalent to the request in the market. The equilibrium price is the cost of a decent or administration when the supply of it is equivalent to the interest for it in the market.
Answer:
It would be unethical and a conflict of interest for Solomon to let his uncle in on the details because it would give his uncle an unfair advantage against the other bidding contractors. It's a form of nepotism
Explanation:
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Answer: First-Mover Advantage
Explanation:
The FIRST MOVER is a SERVICE, PRODUCT or COMPANY that gains a COMPETITIVE ADVANTAGE by getting to a market first.
Advantages of this include being able to establish Strong Brand and Customer Loyalty before competitors come into the market and the opportunity of extra time to perfect marketing and production strategies to fully capitalise on market share.
First movers are usually followed by competitors immediately but more often than not, the first mover has established such a strong market share and a solid enough customer base that it maintains the majority of the market.
