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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

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After meeting with your new client, you prepared his statement of financial position and pie charts. Which part of the financial
yuradex [85]

Answer:

Analyzing the client's personal and financial circumstances.

Explanation:

The Financial Planning process is the process involved in planning and formulating certain strategies for the client. The professionals' design plannings and strategies based on the financial situation of the client. They consider every aspect of the financial situation of the client. There is a total of six steps involved in the planning process. Analyzing and evaluating the financial status of the client comes under the third step.

8 0
3 years ago
What is the total amount of cash dividends paid to common stockholders for the years ended (a) September 30, 2017, and (b) Septe
s344n2d4d5 [400]

Answer:

Note: Missing question but the full question is attached as picture below

The Cash dividends paid to common stockholders can be obtained the financing activities section of the Consolidated statement of cash flows tagged (Payments of dividends and dividends equivalents)

                            Cash dividend paid

Common stock issued and outstanding             Cash dividends

(a) September 30, 2017                                        $12,769,000,000

(b) September 24, 2016                                        $12,150,000,000

3 0
2 years ago
A. How much would you pay for a Treasury bill that matures in 182 days and pays $10,000 if you require a 1.8% discount rate?
Sonja [21]

Answer: $9909

Explanation:

Let the amount that will be paid be represented by y. The question can now be solved as:

(10000 - y)/10000 × 360/182 = 0.018

(10000-y)/10000 = 0.018 × 182/360

(10000 - y)/10000 = 0.0091

10000-y = 0.0091 × 10000

10000 - y = 91

y = 10000 - 91

y = $9909

4 0
3 years ago
If you have a $150,000 30-year 5% mortgage, how much of your first monthly payment of $805.50 would go toward principal?
Mama L [17]
The answer is $625.000 
5 0
3 years ago
Read 2 more answers
On September 30, Silver Corporation, a calendar year taxpayer, sold a parcel of land (basis of $400,000) for a $1 million note.
nadya68 [22]

Answer:

Sam must report $700,000 distribution from Silver on his Income report.

Explanation:

The sale of the land is made by the corporation and the corporation is a tax payer therefore any gains and losses are for the company to pay tax on.

The deficits in the E&P are for Silver to take into account when about to pay taxes.

The basis of $200,000 is not income but cost and subtracted on the distribution income as is for Sam.

6 0
3 years ago
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