Ask question

Ask question

All categories

s344n2d4d5 [400]

3 years ago

8

TRUE OR FALSE FOR BRAINLIEST ANSWER Principals are responsible for the contracts, but not the personal injury claims, created by

their agents who are acting within the scope of their authority.

1 answer:

lyudmila [28]3 years ago

6 0

Answer:

FALSE

Explanation:

The principle are liable for the contracts of the agents and if only the agent was authorized by the principal to make a contract, which is expressed ie made in words, written

And is implied that is agents is given the rights and not in case of the personal claims made by the agent who is acting on the scope of authority.

You might be interested in

Baker Company, an Ohio company that sells a branded product regionally to retail customers in Midwest. It normally sells its pro

Artist 52 [7]

Answer:

Effect on income= $5,000 increase

Explanation:

Giving the following information:

One-time offer:

1,000 units at $25 per unit.

<u>Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.</u>

Unitary cost= 12 + 8= $20

Effect on income= 1,000*(25 - 20)

Effect on income= $5,000 increase

6 0

3 years ago

Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses a

Ivenika [448]

Answer:

$11,400

Explanation:

The expenses are allocated to different department based on different suitable allocation basis. These basis are also known as the cost drivers.

As per given information

Office Expenses Total Allocation Basis

Salaries $42,000 Number of employees

Depreciation $30,000 Cost of goods sold

Advertising $64,000 Net sales

Item Drilling Grinding Total

Number of employees 1,200 1,800 3,000

Net sales $370,000 $555,000 $925,000

Cost of goods sold $125,400 $204,600 $330,000

Depreciation is allocated to department based on the cost of goods sold by each department.

Depreciation expense allocation

To drilling department = Depreciation expense x Cost of goods sold ratio = $30,000 x $125,400 / $330,000 = $11,400

5 0

3 years ago

Assets Liabilities and Net Worth

KiRa [710]

Answer:

The correct answer is $30 billions.

Explanation:

The checkable deposits are given as $140 billions.

The total reserves are $51 billions.

The required reserve rate is 30%.

The required reserves will be

=30% of $140 billions

= $0.3 \times 140$

=$42 billions

The excess reserves will be

=total reserves-required reserves

=$51-$42

=$9 billions

Maximum expansion by lending will be

= $\frac{excess reserves}{required \ reserve\ rate}$

= $\frac{9}{0.3}$

=$30 billions

So, the money supply can be expanded by a maximum amount of $30 billions.

5 0

3 years ago

A corporate bond with a 6.5 percent coupon has 15 years left to maturity. It has had a credit rating of BBB and a yield to matur

Scrat [10]

Answer:

Price change in dollars = $104.22

% decrease in price of dollars = 11.13%

Explanation:

We assume the corporate bond have a face value of $1,000

Face Value = $1000

Coupon = 6.5%*1000/2 =32.50

Number of Periods = 15*2 =30

Semi annual rate of BBB bond = 7.2%/2 =3.6%

Price of BBB Bond = PV of Coupons + PV of Par Value =

Price of BBB Bond = 32.50*(((1-(1+3.6%)^-30)/3.6%)+1000/(1+3.6%)^30

Price of BBB Bond = $936.43

Semiannual Discount Rate for BB bond = 8.5%/2 = 4.25%

Price of BB Bond = PV of Coupons + PV of Par Value

Price of BB Bond = 32.50*(((1-(1+4.25%)^-30)/4.25%)+1000/(1+4.25%)^30

Price of BB Bond= $832.21

Price change in dollars = $936.43 - $832.21

Price change in dollars = $104.22

% decrease in price of dollars = $104.22 / $936.43

% decrease in price of dollars = 0.111295025

% decrease in price of dollars = 11.13%

6 0

4 years ago

Apple is known for its innovation. It conducts in-depth marketing research to determine what customers want. Its electronic devi

Lyrx [107]

Answer:

Market orientation

Explanation:

Market orientation is defined as a philosophy that focuses on identifying consumer needs and implementimg strategies to meet them. A company like Apple designs and produces goods that will satisfy consumer needs.

Market orientation consists of decision-making, market intelligence, culturally based behaviour, strategy, and customer orientation.

Apple conducts in-depth marketing research to determine what customers want. Its electronic devices are constantly upgraded so customers can purchase the newest models.

They are a company focused on market orientation.

7 0

3 years ago