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
Elina [12.6K]
2 years ago
14

A company scientist at a biotechnology company decides to work on his own research project, hoping to eventually start his own f

irm, rather than on the project he was assigned. However, the company's stockholders are unaware of this situation. This is an example of a(n) _____ in the context of a principle-agent problem.a) stakeholder strategyb) shared value creationc) moral hazardd) adverse selection
Business
1 answer:
bogdanovich [222]2 years ago
3 0

Answer:

C. Moral hazard.

Explanation:

Moral hazard is the risk that a party has not gone into an agreement in compliance with common decency or has given deceiving data about its assets, liabilities, or credit capacity. Moral hazards can be available whenever two parties come into concurrence with each other. Each party in an agreement may have the chance to pick up from acting in opposition to the standards spread out by the agreement.

You might be interested in
Jiminez, Inc., had the following transactions during the month of March, current year. Prepare an income statement based on this
Citrus2011 [14]

Question Completion:

Cash received from bank loans was $10,000.

Revenues earned and received in cash were $9,000.

Dividends of $4,000 were paid to stockholders.

Expenses incurred and paid were $5,600.

Answer:

Jiminez, Inc.

Income Statement for the month ended March 31:

Revenue                                          $9,000

Expenses                                           5,600

Net income                                      $3,400

Dividends                                          4,000

Retained earnings during the year ($600)

Explanation:

Jiminez, Inc. paid more dividends to stockholders this month than it actually generated in net income.  The excess amount of dividends must be from retained earnings carried forward from the previous month.  In preparing the income statement for the month of March, Jiminez, Inc. must deduct all the expenses from its revenue to obtain the net income before tax.  The bank loan does not form part of the items for the preparation of the income statement, as only temporary accounts are considered.

3 0
3 years ago
Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay fo
Delicious77 [7]

Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay for benefits that will partially make up for her loss of income on retirement is her ​annual wage base.

Answer: Option B

<u>Explanation:</u>

The contribution that Sally, who is working for Timber Products incorporation, has to make for federal insurance contribution act is based on the amount of wage that Sally gets on an annual basis or the wage that she gets in a year.

A part of that wage which is a particular percentage is paid to the federal insurance contribution act who is going to benefit her in case she incurs any kind of loss of income.

8 0
3 years ago
How much do RN’s earn an hour?
yuradex [85]
The average rate of an RN’s hourly wage is about a$32.66 an hour. This depends on where you work also.
3 0
3 years ago
Read 2 more answers
Notren, Inc., a U.S. company, and SWT, a Singapore company, entered into a contract under which SWT is to ship party supplies to
enyata [817]

Answer:

Choice of forum clause.

Explanation:

In this scenario, Notren, Inc., a U.S. company, and SWT, a Singapore company, entered into a contract under which SWT is to ship party supplies to Notren.

In the contract agreement, one of the terms of states; "Any disputes that arise under this contract will be resolved in the courts of Singapore."

Hence, this contract term is a choice of forum clause.

A choice of forum clause can be defined as a contractual provision in a contract in which the involved parties stipulates the place of jurisdiction, choice of arbitrators, conciliators, or group of arbitrator or conciliators for any lawsuit, litigations, arbitration, or conciliation arising from the particular contract. In this case, the place of legal jurisdiction is the court of Singapore.

Additionally, a contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law. Also, mutual assent is a legal term which represents an agreement by both parties to a contract. Therefore, mutual assent connotes agreement, acceptance and consent to a contract by both parties.

This ultimately implies that, both Notren Inc. and SWT are in a contract as a result of mutual assent between the two (2) parties.

7 0
3 years ago
Sage Company had cash receipts from customers in 2020 of $137,920. Cash payments for operating expenses were $84,990. Sage has d
Triss [41]

Answer:

sales revenue for the period: $  143,900

operating expenses:               $   78,000

Explanation:

We solve for sales using the account recievable identity:

beginning account receivable + sales - collection = ending account receivable

12,330 + sales - 137,920 = 18,310

sales = 137,920 + 18,310 - 12,330 = 143,900

Then, for operating expenses, we have a prepaid expenses thus unexpired and therefore, not expenses under accrued accounting.

we solve like this:

beginning prepaid expenses    19,800

payment on expenses              84,990

total expenses payment          104,790

We now subtract the prepaid (unexpired) to get the amount accrued for the period:

104,790 - 26,790 = 78,000

4 0
2 years ago
Other questions:
  • A good or service is said to be scarce when:
    15·1 answer
  • The owner of a bicycle repair shop forecasts revenues of $240,000 a year. Variable costs will be $70,000, and rental costs for t
    9·1 answer
  • Why was steel important to the second industrial revolution?
    12·1 answer
  • The equation represents Jordan's overtime pay structure. Based on this equation, what is Jordan's regular hourly pay?
    10·2 answers
  • AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $165
    13·1 answer
  • For the year ended december​ 31, 2019, davidson mart had sales of​ $800,000 and cost of goods sold of​ $600,000. davidson estima
    5·1 answer
  • Troy received a gift of 100 shares of stock from his grandmother on July 1 of the current year. Troy's grandmother had owned the
    13·1 answer
  • The Deluxe Store is located in midtown Madison. During the past several years, net income has been declining because of suburban
    14·1 answer
  • Burberry's global marketing strategy of offering "affordable luxury" to customers in the United States, with a value proposition
    8·1 answer
  • The person being interviewed is known as:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!