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sesenic [268]
3 years ago
9

Patricia hires Albert to sell Patricia's expensive sports car. Albert agrees on a sale with Zeke, who wants to purchase the car

for its powerful engine and well-kept condition. Albert does not disclose Patricia's identity to Zeke. Albert also does not disclose the fact that Albert is an agent for someone else. Zeke tenders the purchase price to Albert, but Patricia refuses to deliver the car as agreed. In this situation: a. Patricia is bound to perform. b. Patricia is not bound to perform because the agency relationship was not disclosed. c. Patricia is not bound to perform because Patricia's identity was not disclosed.
Business
2 answers:
OLEGan [10]3 years ago
5 0

Patricia is not bound to perform because the agency relationship was not disclosed.  Due to the details not being disclosed about Patricia's identity, shes not bound to perform her full duties. When working on a business deal it is necessary to provide any and all details about who you are to the other person in the transaction.

quester [9]3 years ago
4 0
The correct option is this: PATRICIA IS NOT BOUND TO PERFORM BECAUSE PATRICIA'S IDENTITY WAS NOT DISCLOSED.
During the course of selling the car to Zeke, Albert did not disclose that he is not the owner of the car neither did he mention Patricia name, which means that, Patricia is not a party to the contract. Therefore, because Patricia is not a party to the contract she is not bound to perform at all.<span />
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Which of the following is an advantage of internal recruitment? a. It leads to the generation of new ideas through tunnel vision
Georgia [21]

"It improves organization fit because current employees understand the company's culture" is an advantage of internal recruitment.

<u>Option: C</u>

<u>Explanation:</u>

Recruitment are of basically two types on the basis of staff location like internal and external. Each firm is more comfortable to recruit departmental candidate because the current staff is well aware about the firm atmosphere.

This helps to save time of training to them, better fluency in work, trust factors, etc. Although external recruitment is also need to invite fresh talent with more energy and enthusiasm towards work profile, thus to train them and bring on specific track, training and meetings are needed to held.

4 0
3 years ago
Many academic institutions offer a sabbatical policy. Every seventh year a professor is given a year free of teaching and other
Fittoniya [83]

Answer:

$ 127,773.36

Explanation:

The professor will be in sabbatical  in years 7,  14, 21, 28, 35 and 42

In each of these years, he receives full pay amounting to=50,000

The PV of the sabbatical full pay

= \frac{50,000}{1.04^7} + \frac{50,000}{1.04^14} + \frac{50,000}{1.04^21} + \frac{50,000}{1.04^28} + \frac{50,000}{1.04^35} +\frac{50,000}{1.04^42} = 84,101.22

=50,000/(1+4%)^7+ 50,000/(1+4%)^14+ 50,000/(1+4%)^21+ 50,000/(1+4%)^28+50,000

/(1+4%)^35+ 50,000/(1+4%)^42

==50,000/(1+4%)^7+ 50,000/(1+4%)^14+ 50,000/(1+4%)^21+ 50,000/(1+4%)^28+50,000

/(1+4%)^35+ 50,000/(1+4%)^42

= \frac{50,000}{1.316} + \frac{50,000}{1.732} + \frac{50,000}{2.279}  +\frac{50,000}{2.999} +\frac{50,000}{3.946} + \frac{50,000}{5.193}

=37,993.92 + 28,868.36 + 21,939.45 + 16,672.22 + 12,671.06 + 9,628.35

=  $ 127,773.36

Thus, at an interest rate of 4%, the present value of all the sabbatical earnings amount to $ 127,773.36

6 0
3 years ago
Joe's Juice Shop operates in a monopolistically competitive market. Joe's is currently producing where its average total cost is
mars1129 [50]

Answer:

decrease and average total cost to increase

Explanation:

Based on the information provided within the question it can be said that in this scenario we would expect Joe's output to decrease and average total cost to increase. This is mainly due to the fact that Joe's Juice Shop is in a monopolistically competitive market meaning that one company controls and dominates the entire market which will ultimately put Joe's Juice Shop out of business.

7 0
3 years ago
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Answer:

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6 0
3 years ago
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Marginal cost increases as the quantity of output increases. This reflects the property o
sleet_krkn [62]

The property of marginal cost increasing as the quantity of output increases is known as diminishing marginal product.

<h3>What is diminishing marginal product?</h3>

Diminishing marginal product states that says as more units of a variable input of production is added to a fixed factor of production, output might increase initially but after a point total output would increase at a decreasing rate and marginal product would begin to decrease.

To learn more about diminishing marginal product, please check: brainly.com/question/10511919

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2 years ago
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