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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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Under an operating lease: (Select all that apply.)Check All That ApplyThe lessee reports amortization expense and interest expen
Alja [10]

Answer:

  • The lessee reports a single amount of lease expense, which is equal to interest expense plus amortization expense, in its income statement.
  • The lessee reports lease expense on a straight-line basis and the lessor reports lease revenue on a straight-line basis over the lease term.

Explanation:

An operating lease is basically renting an asset from a lessor where the lessee will pay a certain amount every period for the use of the asset.

This rent payment is equal to the interest expense plus amortization expense and will be reported in the income statement of the lessee as an expense.

This amount will also be reported on a straight-line basis for the duration of the lease term which means that even if rent increases, it will still have to be reported by the same amount over the lease period because the lease increase should have been taken into account already.

The lessor also reports lease revenue on a straight-line basis over the lease term.

3 0
4 years ago
Can you please help me to get proper answer of these questions? I need answers of these questions but didn't found proper answer
PSYCHO15rus [73]
Can developing country to term and how much they trade
7 0
2 years ago
Assume the spot Swiss franc is $0.7000 and the six-month forward rate is $0.6950. What is the minimum price that a six-month Ame
Rama09 [41]

Answer:

2 cents

Explanation:

The spot price = $0.7000 = 70 cents, The forward rate = $0.6950 = 69.5 cents and the call option with striking price = $0.6800 = 68.00 cents

The annualized six month rate = 3 1/2 % = 3.5 %, therefore the rate = r/n, where n is the number of period per year = 2. Therefore r/n = 3.5% / 2 = 0.035 / 2 = 0.0175

The minimum price = Maximum (spot price - striking price, (forward rate - striking price) / (1 + 0.0175), 0) = Maximum(70 - 68, (69.5 - 68)/ 0.0175, 0)

Minimum price = Maximum (2 , 1.47, 0) = 2 cents

4 0
4 years ago
What is the difference between an authoritarian and a democratic manager?
dolphi86 [110]

Answer:

Autocratic leadership has only one person that has the authority to make decisions and takes very little to no inputs from other groups, Democratic leadership allows everyone to participate in decision making.

Explanation:

Authoritarian leadership, also known as autocratic leadership, is a management style in <u>which an individual has total decision-making </u>power and absolute control.

Democratic management involves managers reaching decisions with the <u>input of the employees</u> but being responsible for making the final decision.

6 0
2 years ago
A customer asks you a question, but you do not know the answer. You feel that they expect you to know the answer. What would you
ZanzabumX [31]

When you don't know a certain answer to a customer question be honest and tell them that you don't know the answer to this question however you will ask from your colleague about this question and will revert back to the customer.

<h3>What is a customer?</h3>

A customer is a person who is a buyer or a potential buyer of your products and or services.

The customer should be communicated of the estimated time that will be taken to revert back with the correct answer to the question. It is highly recommended that no guesses are made when you don't know a certain answer.

Learn more about Customer at brainly.com/question/27197965

#SPJ1

6 0
2 years ago
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