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3 years ago

An agent is authorized to act on behalf of a principal in doing business with third parties. True False

Business

1 answer:

bonufazy [111]3 years ago

8 0

Answer:

The statement is: True.

Explanation:

In making business relationships, an agent acts as a third party that is legally authorized to establish businesses for one of the entities involved. The entity that uses the agent as an intermediary is called the principal. The agent must follow the principal's instructions avoiding to be biased by self-interest.

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Wanda’s will power is 25% in convincing people to vote for her. She needs 50% of the vote to win. Assuming everyone votes, in or

Wittaler [7]

Answer:

34 % of the people must already planning to vote for Wanda

Explanation:

Let there are 100 people in the town

It is given that Wanda will convince 25 % of people vote for her

Now let there are x people who are planning to vote Wanda

Then 100-x people are not planning to vote Wanda

She have to convince 0.25 ( 100-x) people to get 50% of the vote and to win

So $0.25(100-x)+x=50$

$25+0.75x=50$

x = 34

So 34 % of the people must already planning to vote for Wanda

8 0

3 years ago

This occurs when a person or firm purchases new capital. This occurs when a person's income exceeds his consumption. Which of th

Lostsunrise [7]

Answer: Buying $200 stock in AT&T is an example of investment. As in this case the persons income exceeds his consumption and he buys new capital.

Borrowing $1000 from a bank to buy a car to use in business is also an investment as in this case buying a car is like investing in a cash flow producing asset, as the car will be an asset which will help earn money from the pizza business.

Explanation:

Roommate depositing $100 is an example of saving and not investing.

Taking out a mortgage and buying a house is an example of consumption and not investment.

3 0

3 years ago

Colin has just received a delivery from the company's distribution center. He opens the containers and finds the popcorn and sna

gulaghasi [49]

Answer:

Floor ready shipment

Explanation:

Floor ready shipment is the one which is already pre tagged and pre ticketed with all the details which is necessary for the retail store before it reach to the store.

In this case, Colin receive delivery and when open the containers he finds that the items are priced and packaged. So, it is a floor ready shipment.

3 0

3 years ago

The short-run effect of consumers becoming more pessimistic will be for the

Bogdan [553]

Answer:

The correct answer is option A.

Explanation:

In case the consumers have a pessimistic tendency towards the future, they would expect the economy to face a downturn. They will, as a result, save their income and wealth for the future.

This would cause a decline in consumer spending and the aggregate demand curve will move down to the left.

An increase in consumer confidence, on the other hand, would cause consumer spending and aggregate demand to increase.

7 0

3 years ago

Turrubiates Corporation makes a product that uses a material with the following standards: Standard quantity 7.5 liters per unit

Julli [10]

Answer:

Direct material quantity variance= $1,400 unfavorable

Explanation:

Giving the following information:

Standard quantity 7.5 liters per unit Standard price $ 2.00 per liter

Actual production was 3,400 units.

The company used 26,200 liters of direct material.

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (7.5*3,400 - 26,200)*2

Direct material quantity variance= (25,500 - 26,200)*2

Direct material quantity variance= $1,400 unfavorable

5 0

3 years ago