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Bess [88]
3 years ago
9

Robert is a wealthy businessman who wishes to purchase a particular property. realizing that the price might become inflated if

his name is made known, he asks faye to negotiate the purchase of the property on his behalf. faye is the general manager of robert's east coast operations. faye reports directly to robert and is supervised in all respects. faye is told to tell philip, the property owner, that she represents someone, but she's told not to specify who she works for. the agency would be described as: undisclosed. disclosed. indemnified. partially disclosed.
Business
2 answers:
insens350 [35]3 years ago
8 0

The agency would be described as Partially Disclosed.

Robert wanted to purchase a property. Robert didn't want to disclose his identity because of the fact that his wealthy background will inflate the purchase. So he decided to send another person for initiating the deal with the property owner. That person told the owner that he is going to purchase this property on behalf of another person, but he will not tell him that who is actually going to purchase it.

So he told the owner partially about the buyer. So this would be described as the Partially disclosed deal.

jasenka [17]3 years ago
4 0

The agency would be described as partially disclosed. A partially disclosed happened because Philip has been notified that Faye is representing someone, but has no notice of Robert’s identity. In here, <span>Faye is liable to Philip even if she did not disclose the identity of Robert, but, she has a right to be refunded for any losses suffered due to Robert’s default.</span>

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On Monday, Merlin buys a tablet for $500 from a Pads &amp; Pods store. On Tuesday, he returns to the store and buys a GPS device
Tamiku [17]

Answer:

Tablet only.

Explanation:

As Given Merlin have bought tablet for $500, he return it and buy GPS device for $200 and downloaded tunes for $100.

Most of commercial agreement is unwritten and many contract does not require to be in writing, however, uniform commercial code (UCC) have made certain exception for which written contract is required.

Under uniform commercial code (UCC), certain contract for sales of goods Article 2 must be in writing.

All the sales of goods worth $500 and more must have contract in writing and must be signed by the party against which enforcement is sought. It is valid even if the contract is not written in detail, it is enforceable.

Therefore, only purchase of Tablet must have contract in writing as it is worth $500.

6 0
2 years ago
Which of the following is not an example of an unhealthy company culture?
densk [106]

Answer: The following is not an example of an unhealthy company culture: <u><em>A slowly evolving culture </em></u>

In the given question it can be stated that apart from option (d) , all other option are an example of an unhealthy company culture. This is so as, the slow evolving culture in an organization is still open to change and does adapt to the need of the surroundings as time evolves, whereas; other given option does not.

<u><em>Therefore , the correct option in this is (d)</em></u>

8 0
3 years ago
If Revere Company expects to sell 1,250 units of its product at $12 per unit, and break-even sales for the product are $13,200,
djverab [1.8K]

Answer:

Margin of safety ratio= 0.12

Explanation:

Giving the following information:

Sales= 1,250 units

Break-even point in sales= $13,200

Selling price= $12

<u>First, we need to determine the current sales in dollars:</u>

Sales in dollars= 1,250*12= $15,000

<u>Now, the margin of safety ratio:</u>

Margin of safety ratio= (current sales level - break-even point)/current sales level

Margin of safety ratio= (15,000 - 13,200) / 15,000

Margin of safety ratio= 0.12

6 0
2 years ago
Under absorption costing a company had the following per unit costs when 10,000 units were produced. Direct labor $ 2 Direct mat
Rudiy27

Answer: Total product cost per unit if 12,500 units = $13.

Explanation:

Given that,

Direct labor = $2

Direct material = $3

Variable overhead = $4

Total variable cost = $9

Fixed overhead ($50,000/10,000 units) = $5

Total product cost per unit = $14

Fixed Overhead at 12500 units = \frac{50000}{12500} = $4

∴  Total product cost per unit if 12,500 units = Total variable cost per unit + Fixed Overhead at 12500 units

= 9 + 4

= $13

6 0
3 years ago
Paul consumes only books and DVDs. At his current consumption​ bundle, his marginal utility from DVDs is 23 and from books is 5.
Paul [167]

Answer:

Paul is not maximizing his utility because MUd/Pd is greater than MUb/Pb

Explanation:

Marginal utility is the extra satisfaction derived from spending an additional unit of money on consuming a particular product or service.

In order to determine if he is maximizing his utility, we must calculate his utility per dollar, and this is done by dividing his Marginal Utility by the price.

Marginal Utility per dollar of DVDs is:

MUd/Pd = 23/11 = 2.09

Marginal Utility per dollar of books is:

MUb/Pb = 5/3 = 1.67

Utility is maximized when MUd/Pd is equal to MUb/Pb and Paul has exhausted his budget.

4 0
3 years ago
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