Answer:
These are the correct journal entries:
Account Debit Credit
Building $100,000
Cash $40,000
Mortgage Payable $60,000
Interest Expense $3,000
Accrued Interest Payable $3,000
Answer:
The correct answer is letter "A": results in termination of the agent.
Explanation:
Principal-agent relationships are based on a fiduciary duty or, in other words, trust. Principal-agent problems typically arise because principals tend to delegate agents the execution of activities that benefit the principals but not the entity the agent represents. Thus, <em>if the trust between them is broken, principals, as owners of the entity, terminate the agent's contract.</em>
Answer:
women were not much of tamers, they were treated as animals themselves. They worked in the fields and in the home with the children and chores
Answer: Foreclosure
Foreclosure refers to a bank’s act of taking possession of a mortgaged property when the mortgage holder fails to make the monthly mortgage payments.
Foreclosure occurs when a home owner does not pay his monthly loan instalments for three consecutive months.
It is a legal process in which the home owner loses the ownership of the property and the banker gets the right to sell off the property in order to make up the loss on account of non payment.
<span>Through specialization, both producers and consumers benefit. On the producer side, specialization allows producers to best use their resources in the most efficient manner possible by playing to their strengths, thus maximizing profit. On the consumer side, the fact that producers are specialized and thus efficient in their production ensures lower production costs than if products were made by less-specialized producers, translating into lower consumer-facing prices.</span>
