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Elden [556K]
4 years ago
12

Bob is hired by Carol to collect outstanding balances owed to her by her customers. However, Bob is not an attorney and cannot f

ile a lawsuit against those who don't pay. Bob hires Mike, who is licensed to practice law, to help him file a lawsuit against those who don't pay. What is Mike?
Business
1 answer:
Sliva [168]4 years ago
4 0

Answer:

A sub-agent

Explanation:

Since Mike who was hired by Bob is licensed to practice law, which would help him file a lawsuit against those who don't pay the outstanding balances owed, he is a sub-agent.

A sub-agent in legal law is someone who performs a fiduciary duty and incurs the same liabilities in regard to his immediate employers, like the sole principal.

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4 years ago
Robert, who lives in Ohio, files a lawsuit against Trading Post, a Washington company, in an Ohio state court. The Trading Post'
ss7ja [257]

Answer: conducted substantial business with Ohio residents through the Web site.

Explanation: The sliding - scale standard confirms when exercising jurisdiction over an out of state defendant is allowed. It is only allowed when significant business has been conducted by this out of state company over the Internet with another state. In this case the out of state defendant is Trading Post, a Washington company, and it has dealt in transactions over the Internet with the state of Ohio via its website. Because the business conducted in Ohio is significant, it gives Robert the grounds to sue Trading Post, even though Trading Post is not based in the same state as Robert.

8 0
3 years ago
he Wood Valley Dairy makes cheese to supply to stores in its area. The dairy can make 485 pounds of cheese per day (358 days per
Kaylis [27]

Answer :

Minimum total annual cost = $3,321.26

Explanation :

The computation of the minimum total annual cost is shown below:

As per the data given in the question,

Annual demand (D) = 67 × 358 days = 23,986

Setup cost (C) = $290

Production rate (R) = 358 days × 485 = 173,630

Holding cost(H) = $0.92

Economic production quantity(Q) = sqrt((2 × D × C) ÷ H × (1-(D ÷ R)))

= sqrt(((2 × 23,986 × $290) ÷ $0.92 × (1 -(23,986 ÷ 173,630)))

= 4,188.7  

= 4,189

Minimum total annual cost is

= (Q ÷ 2) × (1 - D ÷ R) × H + (D ÷ Q) × C

=4,189 ÷ 2 × (1 - (23,986 ÷ 173,630) × $0.92+ (23,986 ÷ 4,189) × 290

= $3,321.26

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3 years ago
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Answer: it’s D

Explanation:

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3 years ago
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<span>If a sells to b, and b obtains title while goods are in transit, the goods were shipped FOB SHIPPING POINT.

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