Answer:
<h3>both Jan and Duncan are liable on the contract for the purchase of land.
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Explanation:
- A contract can be signed by an agent on behalf of an authority if the intended nature of the contract remain the same.
- This type of contract signing usually takes in the corporate sector where the head of a firm may hire an agent to sign contracts on behalf of the firm.
- When contracts are signed by an agent on behalf of the employer, both the agent and the employer becomes liable to the contract as agents represent the principal/employer.
Because it provided a major step in the fight for freedom and they got an organized group together for the first time.
<u>Answer:
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Most entrepreneurs believe that profit is what matters most, but cash is the most important financial resource for a small business owner.
<u>Explanation:
</u>
- The major reason the entrepreneurs believe that profit matters the most because that is the sole factor in most cases that the run their businesses for.
- Most entrepreneurs fail to realize that as long as there is liquidity in the business, the business will thrive. This liquidity in the business comes from the flow of cash.
The correct answer is B.
The industrial revolution brought spectacular technological improvements that led to huge productivity gains in the manufacturing sectors that started to demand a very high number of employees. On the other hand, there was an excess of labor in the agricultural sector that, at those times, employed the majority of the population and it had also become highly unproductive.
Therefore, there was a movement of labor from the unproductive agricultural sector to the productive manufacturing sector. This movement was attached to the transfer of people from the countryside, where agricultural activities were located, to urban areas, where factories were located.