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4 years ago

The legal authority of a salesperson normally is:

Business

2 answers:

Dvinal [7]4 years ago

6 0

Answer:

to solicit orders and get ratification and acceptance from his or her employer.

Explanation:

Legal authority is defined as the a provision of the law that carries the force of the law including statutes, rules, regulations, and court rulings.

So the legal authority of a person in a particular capacity is what he is legally allowed to do in a given transaction.

In this instance we are considering a salesperson. The legal authority of a salesperson is to solicit orders and get ratification and acceptance from his or her employer.

Goshia [24]4 years ago

4 0

Answer: D. to solicit orders and get ratification and acceptance from his or her employer.

Explanation: A salesperson is described as one whose job is to sell things, either in a shop/store or anywhere else. The legal authority of a salesperson normally is to solicit orders and get ratification and acceptance from his or her employer. The nature and extent of legal authority given to salespersons would depend on the type of product to be sold, as well as on the nature of the employer they represent but with the aim of assisting rather than hindering sales.

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tigry1 [53]

Most agency matters are resolved through adjudication.

True.

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3 years ago

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n rural areas electrical power is often sold by ____________ that take advantage of the government's policy to sell them electri

Dmitriy789 [7]

Answer:

Cooperatives

Explanation:

Cooperatives are people-centered enterprises owned, controlled, and run by and for their members to realize their common economic, social, and cultural needs and aspirations.

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3 years ago

Item 5Item 5 Jackson owns a condominium in Las Vegas, Nevada, and he rents it to Joanne for $1,500 per month, payable on the 1st

zloy xaker [14]

Answer:

$ 1,500

Explanation:

Expenses paid by tenants on behalf of the landlords ( taxpayer), are considered as part of the rental income. Many tenants will normally deduct the expense from their monthly rent. Landlords should declare the full amount of rent as the rental income.

The income that Jackson should report will be.

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Rent balance paid by Joane = $150

Jackson should report =$ 1350+ $ 150

=$ 1,500

7 0

3 years ago

Create your own buy and sell stock problem

Marta_Voda [28]

Answer:

The cost of a stock on each day is given in an array, find the max profit that you can make by buying and selling in those days. For example, if the given array is {100, 180, 260, 310, 40, 535, 695}, the maximum profit can earned by buying on day 0, selling on day 3. Again buy on day 4 and sell on day 6. If the given array of prices is sorted in decreasing order, then profit cannot be earned at all.

Explanation:

5 0

3 years ago

The October 31 bank statement of White's Healthcare has just arrived from Stat Bank. To prepare the bank reconciliation, you gat

lesantik [10]

Answer:

Required 1 : Bank reconciliation

Bank Reconciliation Statement

Balance as per Bank Statement $5,170

Adjusted for error

Multi-State Freight Company $700

Balance as per adjusted Bank Statement $5,870

Add Lodgements not yet credited :

White treasurer`s deposit $290

Less Unpresented Cheques :

237 $90

288 $150

291 $580

294 $590

295 $10

296 $150 ($1,570)

Balance as per Cash Book $4,590

Required 2 : Journal entries

Journal 1.

Bank Service Charge $70 (debit)

Trade Receivables $540 (debit)

Bank $610 (credit)

Journal 2.

Bank $2,500 (debit)

Credit Transfer $ l,400 (credit)

Dividend Revenue $l,050 (credit)

Interest Revenue $50 (credit)

Explanation:

The first step to prepare a bank reconciliation is to update the cash book.

Cash Book (Bank Balances)

Debit :

Balance as per Cash Book $2,700

Credit Transfer $ l,400

Dividend Revenue $l,050

Interest Revenue $50

Totals $5,200

Credit :

Dishonored Cheques ($420 + $120) $540

Bank Service Charge $70

Adjusted Cash Book Balance $4,590

Totals $5,200

The Next step is to prepare a Bank Reconciliation Statement

Bank Reconciliation Statement

Balance as per Bank Statement $5,170

Adjusted for error

Multi-State Freight Company $700

Balance as per adjusted Bank Statement $5,870

Add Lodgements not yet credited :

White treasurer`s deposit $290

Less Unpresented Cheques :

237 $90

288 $150

291 $580

294 $590

295 $10

296 $150 ($1,570)

Balance as per Cash Book $4,590

Journal Entries to Correct the Cash Book :

Journal 1.

Bank Service Charge $70 (debit)

Trade Receivables $540 (debit)

Bank $610 (credit)

Journal 2.

Bank $2,500 (debit)

Credit Transfer $ l,400 (credit)

Dividend Revenue $l,050 (credit)

Interest Revenue $50 (credit)

8 0

3 years ago