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Montano1993 [528]
4 years ago
10

Brenda is a purchasing agent for Commodities Exchange Corporation. Dennis, a Commodities corporate officer, gives Brenda written

authority to buy for the firm as many computers and peripheral devices as necessary. The next day, Dennis calls Brenda and tells her to buy only fifty note­book computers and nothing else. Brenda shows the written authority to E-Products, Inc., and enters into a contract with E-Products to buy sixty note­book computers and a selection of printers, scanners, and extra storage media. E-Products ships the order to Commodities. Is Commodities li­able to E-Products under the contract? Is Brenda liable? In each case, if so, why? If not, why not?
Business
1 answer:
son4ous [18]4 years ago
4 0

Answer:

Yes, the firm Commodities Exchange Corporation is liable to E-products Inc. as it has entered into a contract with Brenda who had written authority to buy on behalf of the firm.

Explanation:

Indeed, the risk of Commodities stretches out to E-Products. This is mostly a direct result of the risk of the chief is towards the operator for the agreement the specialist is the gathering in the interest of the head. Aside from this, there is an express power having a place with Brenda as she was given the approval from the head. Because of express, an evident position E-Products got the affirmation that Commodities is being spoken to by Brenda.

There is no close to home risk of Brenda to pay for the different fringe gadgets to the E-Products. Because of evident position, it was a reality clear to E-Products that Brenda is just going about as an operator for Commodities. As these items were purchased for the utilization of the head as opposed to the individual utilization of Brenda in this way she doesn't have any obligation.

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BabaBlast [244]

Answer: False

Explanation:

The contract is such that Molly agreed to bring bracelets if Jean would pay for said bracelets.

The terms of the contract therefore are that Jean would pay and Molly would deliver. Jean then calls Molly and says that they will be unable to pay which means that they are not going to be able to hold up their responsibilities in the contract.

Molly has the right to then cancel the contract because the other party will not be able to perform their obligations and face no repercussion for it.

6 0
3 years ago
Luxury Dwellings Inc. is a condominium-building company that is based in the country of Veritas. Itsells high-priced homes to co
meriva

Answer:

A) international

Explanation:

Luxury Dwellings knows that their clients are wealthy individuals from their home country Veritas and specially from foreign countries. That is why they are not worried about local economic conditions and about varying costs. Since their brand if highly recognized overseas, they are more worried about satisfying their international clients.

This is very common in vacation destinations, including some in the US, like Miami. Many luxury real estate companies located in Miami carry out marketing campaigns in European, Asian and Latin countries more than in domestic markets.

7 0
4 years ago
Which of the following statements concerning general ledger accounts is true?
scoundrel [369]

The typical general ledger accounts usually do not provide the accounting information that managers of job order cost operations need to plan and control production activities.

Option C

<u>Explanation: </u>

Typical general accounting generations typically do not provide the accounting information required to schedule and monitor the production activities by job-cost managers.

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8 0
4 years ago
he hedge ratio of an at-the-money call option on IBM is 0.35. The hedge ratio of an at-the-money put option is -0.65. What is th
Kazeer [188]

Answer:

- 0.30

Explanation:

Given the following :

Hedge ratio of an at-the-money call option on IBM = 0.35

Hedge ratio of an at-the-money put option = - 0.65

Hedge ratio of an at-the-money straddle =?

Hedge ratio of an at-the-money straddle is given by :

(Hedge ratio of an at-the-money call option + Hedge ratio of an at-the-money put option)

Hedge ratio of an at-the-money straddle :

(0.35 + (-0.65))

= (0.35 - 0.65)

= - 0.30

5 0
4 years ago
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madam [21]

Answer:

Exposure Bias

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Basically, exposure bias states that consumer are more likely to buy brands which have higher brand recognition than new companies with no name recognition.

6 0
3 years ago
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