Answer:
These two are cash equivalents:
Money market funds
Three-month Treasury bills
Because they represent short-term investments that a company makes with the goal of getting rid of any excess cash that would otherwise be left unused while it is losing value because of inflation.
In other words, the main goal of investments in money market funds and three-month treasury bills, is to prevent cash from losing value due to inflation, and because of that, those investments are considered cash equivalents.
Answer:
I be confident for your company
Answer: Yes they did.
Explanation:
Apparent Authority refers to a scenario where a Agent is assumed to have the power to act on behalf of a Principal regardless of if said authority had not being expressly given whether implicitly or otherwise.
It is worthy of note that this power is only valid if the third party in the transaction assumes from the conduct of the agent, that they have such powers to act.
It is stated in the text that there was no question that the brokers had the actual or implied authority to sell the stock meaning that the Principal had not done enough to show that the agents did not have the Authority to act as they did. For this reason, they can indeed be sued under the Principle of Apparent Authority.
There are different kinds of roles in distribution. Hassan is playing the Monitor role.
<h3>What are the roles of a monitor?
</h3>
- A Monitors is known to be vital in overseeing compliance with an Integrity Pact that has been entered by the parties involved. They help to coordinate communication between the parties and also the public.
Monitors are given the powered to receive reports of any unfair practices and handle them as in the case with Hassan.
Learn more about Monitor role from
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