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almond37 [142]
3 years ago
5

Rona and stiv do business as treasure island traders. in a deal with unlimited potential, inc., rona makes a bid in competition

with her firm. rona is
Business
1 answer:
Cerrena [4.2K]3 years ago
8 0

Answer:

liable for breach of the duty of loyalty        

Explanation:

The obligation of fidelity is sometimes referred to as the fundamental principle in contractual partnerships but is especially stringent in confidence law. In that case, the word refers to both the obligation of a trustee to manage the trust exclusively for the good of the survivors, and in compliance with the agreement conditions.

This usually forbids a representative from participating in dealings that could include self-dealing, or maybe even a potential conflicts of interest presence. Moreover, in dealings with clients, a fiduciary is expected to deal with clarity about the relevant information available to them.                                          

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In a bad news message the reasons for the decision
zmey [24]

Answer:

should be long and roundabout to cushion the negative aspects

if you are delivering bad news if it is directly affecting them they would most likely like to know why and if they can help this issue

Explanation:

mrk me brainliest please.

3 0
3 years ago
Use the compound interest formula to determine the accumulated balance after the stated period. ​$60006000 invested at an APR of
My name is Ann [436]

Answer:

The final value of the investment after 3 years is $7,146.10

Explanation:

Giving the following information:

Investment= $6,000

Interest rate= 6​% compounded annually

The number of years= 3 years.

To calculate the final value, we need to use the following formula:

FV= PV*(1+i)^n

FV= 6,000*(1.06^3)

FV= $7,146.10

The final value of the investment after 3 years is $7,146.10

3 0
3 years ago
Beckett, Inc. reports the following cost information for​ March: Cost of Goods Manufactured $ 73 comma 000 Manufacturing Overhea
pentagon [3]

Answer:

Beckett, Inc.

Cost of Goods Manufactured Statement

Direct Materials Used      25, 140

Direct Labor $ 20,280

Manufacturing Overhead 18 ,900

Total Manufacturing Costs  $ 64,320

March 1 ​Work-in-Process Inventory,  9, 680

Cost of Goods Available for  Manufacture $ 74,000 ​

March 31 Work-in-Process Inventory, 1, 000

Cost of Goods Manufactured $ 73,000

March 1 Finished Goods​ Inventory, 8, 000

Cost of Goods available for sale $81,000

March 31 Finished Goods​ Inventory,  2, 000

Cost of Goods Sold $ 79,000

7 0
3 years ago
If a corporation issued 25,000 shares of $1.00 par common stock for $2.85 per share. The appropriate journal entry for the IPO i
Vika [28.1K]

Answer:

The correct answer is Option D.

Explanation:

Common stock is a share issued by a company to the public. The public enjoy dividend on their common stock when the company pays dividends.

Based on the question, the par value of the common stock is 25,000 shares x $1.00 = $25,000 while the total cash collected by the company would be 25,000 shares x $2.85 = $71,250 and the appropriate entries will be:

Debit Cash $71,250

Credit Additional Paid in Capital $46,250

Credit Common Stock $25,000

<em>(Issuance of common stock)</em>

5 0
3 years ago
When the economy entered a serious recession in 2008, the response of the U.S. government was to institute a $700 billion bailou
lakkis [162]

Answer:

functional finance and expansionary fiscal policy

Explanation:

Functional finance is an economic theory proposed by Abba P. Lerner, based on the principles of efficient demand and chartalism. It states that government should finance itself to accomplish explicit goals such as subduing the business cycle, reaching high employment, guaranteeing development and low inflation.

Expansionary fiscal policy is a type of fiscal policy involving a reduction in taxes, an increase in government spending, or both, to counter recessionary pressure. A reduction in taxes means households have more disposal funds to spend

6 0
3 years ago
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