1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
steposvetlana [31]
3 years ago
10

Pell is the principal and Astor is the agent in an agency coupled with an interest. In the absence of a contractual provision re

lating to the duration of the agency, who has the right to terminate the agency before the interest has expired?
A. Pell: Yes; Astor: Yes
B.Pell: No; Astor: Yes
C. Pell: No; Astor: No
D. Pell: Yes;
Business
1 answer:
Verdich [7]3 years ago
3 0

Answer: B. Pell: No; Astor: Yes.

Explanation: According to Termination of agency law:

-An agent is entitled to renounce his power by refusing to act or by notifying the principal that he will not act for the principal.

The agent can terminate the agency first in absence of contractual agreement relating to the provision of duration of contract.

You might be interested in
A___ warranty promises replacement or refund for defective products.
alukav5142 [94]

Answer:

A written warranty promises replacement or refund for defective products.

5 0
2 years ago
The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows fro
Sophie [7]

Answer:

Balance of payments (BOP)

Explanation:

The balance of payments is referred to details of the transaction that held between two entities either in the same country or outside the country of a particular time period.

when the transaction was done for another country, there is a deduction of credit from the balance of payment and when transaction was done for the same country then credit is added to the BOP

8 0
3 years ago
In 2016, Carow sold 3,000 units, at $500 each. Variable expenses were $250 per unit, and fixed expenses were $500,000. The same
photoshop1234 [79]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

In 2016, Carow sold 3,000 units, at $500 each. Variable expenses were $250 per unit, and fixed expenses were $500,000.

The same selling price is expected for 2017. Carow is tentatively planning to invest in equipment, that would increase fixed costs by 20% while decreasing variable costs per unit by 20%.

First, we need to calculate the ner fixed and variable costs:

Fixed costs= 500,000*1.20= $600,000

Variable costs= 250*0.8= $200

Now, we can calculate the break-even point:

Break-even point= fixed costs/ contribution margin

Break-even point= 600,000 / (500 - 200)= 2,000 units

5 0
3 years ago
Sandra borrows​ $25,000 from Joshua at 5 percent interest and signs a promissory note agreeing to repay the principal and intere
GenaCL600 [577]

Answer:

Non negotiable Instruments

Explanation:

Non negotiable instruments are documents that guarantees(without changes) the payments of a specific amount of money, whose payer is usually named on the document. Non negotiable instruments may not be transferred from the holder or named party to another.

The non negotiable instrument usrd in this case between sandra and Joshua is a promissory note that states the terms and details of the repay or payback. Normally, a promissory note falls under the negotiable instrument, but because it contains a reference to another document, it then becomes a non negotiable instruments.

7 0
3 years ago
Which two values roll up the hierarchy to the manager for both Customizable and Collaborative Forecasts?
prohojiy [21]

Answer:

The correct answer are Expected revenue and Opportunity amount.

Explanation:

The term "expected revenue" refers to the expected amount of money that the company will obtain from sales, services and additional revenue streams. The term "income" includes all the money earned before dividing it into wages, compensation, marketing expenses and so on. In other words, revenue refers to all funds obtained by a company before deductions.

On the other hand, the amount of opportunity refers to the effective control of an organization that must take corrective action in time if necessary, since they must be applied in time, before a large deviation from the planned objectives with in advance Therefore, the information provided by a Management Information System must be available in time to act on it.

7 0
3 years ago
Other questions:
  • A customer buys a variable annuity and elects a payout option of Life Income with a 20 year period certain. This means that paym
    12·1 answer
  • ______ are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior. Th
    13·1 answer
  • If parents say, "Never take candy from strangers" then why do we celebrate Halloween?
    14·2 answers
  • In 2021, CPS Company changed its method of valuing inventory from the FIFO method to the average cost method. At December 31, 20
    5·1 answer
  • Tina is a real estate broker who has been asked to sell a property by a client. The property is exactly what she has wanted for
    13·1 answer
  • Students for a Democratic Society (SDS) was an activist organization in the 1960s that protested the Vietnam War, racial injusti
    12·2 answers
  • River corp's total assets at the end of last year were $480,000 and its net income was $32,750. what was its return on total ass
    6·1 answer
  • A few years back, Dave and Jana bought a new home. They borrowed $230,415 at a fixed rate of 5.49% (15-year term) with monthly p
    8·1 answer
  • You are the manager of a clothing store. You must decide how many of your employees to put on the sales floor, and how many to p
    5·1 answer
  • Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT INPUT 49,200 cages Production time 630
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!