1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatyana61 [14]
4 years ago
13

Omar is Precise Service Company's chief executive officer. On Precise's behalf, Omar solicits business, hires and fires workers,

and handles the finances. Precise pays Omar varying amounts, depending on his "needs." Omar is most likely
A. a principal.
B. an employee.
C. an employer.
D. an independent contractor.
Business
1 answer:
DaniilM [7]4 years ago
7 0

Answer:

The correct answer is the option A: a principal.

Explanation:

To begin with, the term of <em>''principal''</em> in the field of business refers to the individual who may have many roles inside an organization but he is basically one of the most importants person in the company. Moreover, the figure of the principal is sometimes related to the owner of the business or to the chief executive officer as well. Therefore that Omar is most likely a principal in Precise Service Company.

You might be interested in
A client is unhappy with his or her registered representative due to a misunderstanding over a trade. How long does he or she ha
Ilia_Sergeevich [38]

Answer:

6 years

Explanation:

Registered representatives do certainly notify their employer of their activities. Lack of communication can bring about misunderstanding and disagreement.

Arbitration is simply known as private and adversarial dispute settlement or resolution process. It involves the disputants tendering their proofs and arguments to a neutral third party who has the power to issue a binding decision based on standards whiich are objectives in nature.

3 0
3 years ago
The following is not a distinguishing characteristic of a life estate.
CaHeK987 [17]

Answer:

The correct answer is letter "B": Holders of future interest own only a reversionary interest.

Explanation:

A life estate is a grant provided by the owner of a property to another individual for his or her lifetime. That individual -<em>called the life tenant</em>, is right to use the property at will bound only to waste. The distinguishing characteristics of the life estate imply that <em>holders of future own revisionary or remainder interest</em>, and that <em>the estate could be created by agreement from private parties or by law under prescribed scenarios</em>.

6 0
4 years ago
Rhiannon Corporation has bonds on the market with 17.5 years to maturity, a YTM of 6.4 percent, a par value of $1,000, and a cur
Maslowich

Answer:

6.75%

Explanation:

The calculation of the coupon rate is given below:

Given that

PV = $1,037

FV = $1,000

YTM = 6.4% ÷ 2 = 3.2%

NPER = 17.5 × 2 = 35

The formula should be

=PMT(RATE,NPER,-PV,FV,TYPE)

After applying the above formula, the pmt should be $33.77

Annual pmt is

= $33.77 × 2

= $67.55

Now the coupon rate is

= 67.55 ÷$1,000

= 6.75%

8 0
3 years ago
An agency's power to determine whether the activity of a regulated entity is acceptable or not is an example of:______.a. rate-m
Oksana_A [137]

Answer:

c. power over business practices

Explanation:

Regulatory agencies are formed to monitor and checkmate adverse activities of a certain sector of an economy.

They have various powers that can be used to control activities in a economic sector:

- Licencing power is the ability to give access to the players in a particular business sector.

- Rate making power is the ability of regulatory agency to determine price of commodities

- Power over business practices is regulatory agency's power to determine whether the activity of a regulated entity is acceptable or not.

For example if regulatory agency in communication notices the process for registering new clients is too cumbersome, they can enforce a more simple and streamlined process

8 0
3 years ago
Wells Company has a calendar year reporting period. On January 1,2018, Wells Company’s delivery truck, with a cost of $56,000 wa
pashok25 [27]

Answer:

gain of $14,000

Explanation:

Data provided in the question:

Cost of the truck = $56,000

Accumulates depreciation on January 1, 2018 = $38,000

Reimbursement received from the insurance company = $32,000

Now,

the book value on January 1, 2018

= Cost of the truck - accumulated depreciation

= $56,000 - $38,000

= $18,000

since, the book value is less than the Reimbursement amount received, therefore a gain will be recognized

The amount of gain = $32,000 - $18,000

= $14,000

8 0
3 years ago
Other questions:
  • Culture goes deeper than observable behavior. It is a society's shared and socially transmitted ideas, values, and perceptions t
    7·1 answer
  • what are the advantages and disadvantages of using globalization (mass marketing) versus customization (market segmentation) for
    8·1 answer
  • When do children develop their eating habits and physical activity patterns ?
    10·2 answers
  • What should you include in the opening of a direct claim letter? a. A justification of your request b. A clear statement of the
    7·1 answer
  • Kokomochi is considering the launch of an advertising campaign for its latest dessert​ product, the Mini Mochi Munch. Kokomochi
    8·1 answer
  • For a recent 2-year period, the balance sheet of Blue Company showed the following stockholders’ equity data at December 31 (in
    9·1 answer
  • A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. Thi
    14·1 answer
  • U-1 is a more____
    9·1 answer
  • For which of the following random variables would the use of a Normal distribution as a model be a clear error?
    12·1 answer
  • 2. Joseph is an HR professional at a major financial institution. When one of the high-level managers retires, Joseph is asked t
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!