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
OLga [1]
3 years ago
5

Harold wants to purchase a lot next door to Sarah's home that is owned by Sarah. Herold knows Sarah will not sell the lot to him

because they dated in the past and had a nasty break-up. Herold agrees with Alice that Alice will purchase the lot from Sarah for him. Alice and Sarah reach an agreement and enter into a contract whereby Sarah is to sell the lot to Alice for a price within the scope of Alice's authority. Alice tells Sarah nothing about her plan to later transfer the lot to Herold. Before title to the lot is transferred to Alice, Herold tells Alice that he no longer wants the lot. Alice tells Sarah about Herold. Sarah tells Alice that as far as she is concerned, Alice has bought the lot. Sarah says that she plans to move anyway and really does not care whether Alice or Herold ends up with the lot. She just wants her money. What type of principal is Herold
Business
1 answer:
Rama09 [41]3 years ago
5 0

Answer:

Undisclosed principal

Explanation:

Am undisclosed principal in an agency relationship is one whose existence is not known to the third party. The third party believes they are making the transaction with the only agent involved in the transaction.

In this instance Sarah believed she was selling to Alice and was not aware Alice has a principal (Harold). In her mind she sold the land to Alice and no other person.

It was at the point where Harold said he no longer wanted the land that Alice told Sarah about him. At this point the contract between Harold and Alice had been terminated

You might be interested in
"Which of the following is correct?
ICE Princess25 [194]

Answer: Option (B) is correct.

Explanation:

The nominal GDP is equal to the real GDP in the base year, that's why GDP deflator in the base year is equal to 100.

GDP deflator is calculated as the nominal GDP divided by the real GDP multiply by 100. It is shown as:

GDP deflator = \frac{Nominal\ GDP}{Real\ GDP} \times 100

GDP deflator would be used as the conversion factor that transformed the real GDP into nominal GDP.

5 0
3 years ago
Refers to the use of digital technologies that enable organizations or individuals who are geographically dispersed to collabora
fgiga [73]
Virtual collaboration r<span>efers to the use of digital technologies that enable organizations or individuals who are geographically dispersed to collaboratively plan, design, develop, With t</span><span>his type of method virtual team members communicate and collaborate via technology-mediated communication form multiple locations. </span>
4 0
3 years ago
Read 2 more answers
A company has two departments, Y and Z that incur delivery expenses. An analysis of the total delivery expense of $14,000 indica
Aneli [31]

Answer:

Dept Y = $7750

Dept Z = $6250

Explanation:

To allocate the cost the cost , the first step is to deduct the indirect expenses related to Y

The allocate the balance in the ratio of 50:50 to Y and Z

Total delivery expenses - $14,000

Dept Y = 1500 +( 12500*50%)

1500+6250 =7750

Dept Z = 6250

4 0
3 years ago
The marketing *blank*
Firlakuza [10]
Cnxnnxnxnx didn’t bend d s and bdjsbsnsnd
3 0
3 years ago
A building is valued at $215,000 and contains four apartments that rent for $470 each per month. The owner estimates that the ne
valentinak56 [21]

Answer:

Capitalization rate is 3.67%

Explanation:

The capitalization rate is the rate of return expected from a commercial property. In order to find the capitalization rate we divide the net operating income of the building by its current value. The value of the building is 215,000. The revenue from the building is 22,560 (470*4*12), We get this by multiplying the monthly rent of each apartment by 4 as their are 4 apartments and then multiplying that by 12 as we need the yearly revenue. The costs are 65% of gross rental receipts so costs = 0.65*22,560= 14,664

The annual operating income is 22,560-14,664= 7,896

The capitalization rate is annual operating income/Current value of property so

7,896/215,000= 3.67%

5 0
3 years ago
Other questions:
  • In 1-2 sentences, explain how wage discrimination results in unequal pay.
    14·1 answer
  • The​ ________ planning phase emphasizes time horizons of one​ year; whereas the​ ________ planning phase focuses on time horizon
    10·1 answer
  • In a business setting, which of the following practices is most likely to be considered as unethical? Informing prospective empl
    5·1 answer
  • In which step of the production process are
    13·1 answer
  • Under what type of compensation plan is the agent responsible for the costs of advertising and promotion?
    13·1 answer
  • Teknosa, a multinational technology company sells computers, peripherals, and software overseas. The corporation separates its c
    11·1 answer
  • Lola is a purchasing agent for her company. She has just submitted a purchase order to the supplier. What step in the purchasing
    14·1 answer
  • A.) $2894.71<br> b.) $2202.72<br> c.) $2330.20<br> d.) $2654.23
    5·1 answer
  • How can a job (or occupation) impact your life?​
    8·2 answers
  • Closing entries and a post-closing trial balance are steps in the accounting cycle that occur
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!