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zimovet [89]
3 years ago
9

When a Principal, by his or her actions, causes a third party to believe that another person is his or her agent and the third p

arty deals with the supposed agent, this is said to be what type of agency relationship?
Business
2 answers:
ratelena [41]3 years ago
8 0

Answer:

Relationship by assumed representation.

Explanation:

A third party believes a principal has an agent acting on his behalf and interests without properly confirming from the principal, this relationship is known as relationship by assumed representation.

First, the third party is not told by the principal that a particular person is his agent and will represent him, he assumes it, probably because he sees both of them together.

The third party fails to explicitly ask the principal if the agent represents his interests and goes ahead to deal with the agent, he is merely transacting based on assumed representation.

It is totally different when the principal explicitly tells the third party that this is his agent who will be representing him.

MariettaO [177]3 years ago
3 0

Answer:

Agency by estoppel

Explanation:

When agency by estoppel is made reference to; it is simply a situation that takes place in which someone behaves in a way that the other person will then or take it or assume that a third individual or party has the necessary right or authority to act on his stead and then commences doing business with this third party.

That very individual that his or her act made him to do the needful is under normal circumstances very much liable for that agreement.

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mylen [45]

A consumer economy is driven by marketing, which influences marketing choices. By enabling businesses to supply the essential services and goods while also creating jobs that enable more people to buy more goods and services, it establishes a sustainable cycle. This cycle is like a ripple in a pond; it includes more than just neighborhood companies and clients. By generating tax income for governments and increasing demand for newer, more cutting-edge goods and processes, it can encourage economic growth and expansion. The most prosperous countries are the healthiest. Spending increases national income, stability, and progress directly. Businesses embrace innovation to provide them a competitive advantage as they look for new methods to market themselves.

Effective marketing

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4 0
2 years ago
The ocean is an excellent example of a shared resource that can easily be abused and degraded because it’s shared by many differ
ahrayia [7]

Answer:

The answer is Problem Collective.

Explanation:

Simply,

Problem collective, or a Collective action problem is a shared problem that can be cooperated and solved collectively by those who are affected by it but they fail to do so because of their "Conflicting Interests."

Conflicting interests means that the goals of each country/individual are different and in order to come to a productive conclusion, each nation/individual has to make sacrifices and changes to their objectives. But as it doesn't happen, the problem persists and gets worse eventually.

4 0
4 years ago
According to Levitt, which of the following statements is true? A. Technology drives the world toward a converging commonalty B.
trapecia [35]

Answer:

the correct option is A) According to Levitt, Technology drives the world toward a converging commonalty.

Explanation:

Levitt's Thesis states that "a dominant force drives the world towards a converging commonality, allowing international businesses to become global by standardizing their product and service offering".

One of the main forces he identified was technology.

It has become very evident that Technology is an essential force that drives the modern form of business globalization because technology has helped overcome major barriers to trade in the international scene by introducing standardized processes and global quality assurance.  

It has also eliminated delays in information exchange, created a virtual market and ease of interaction between countries making international business processes cost effective and efficient.

8 0
3 years ago
Assume the risk free rate is 4 percent, the required rate of return on the market portfolio is 15 percent, and the reported beta
Eddi Din [679]

Answer:

required rate of return on the stock = 22.7%

so correct option is e. 22.7 percent

Explanation:

given data

risk free rate = 4 percent

rate of return = 15 percent

beta = 1.7

to find out

required rate of return on the stock

solution

we get here required rate of return on the stock that is express here as

required rate of return on the stock = risk free rate + beta × ( Return on the Market portfolio - Risk free Rate)   ........................1

put here value we get

required rate of return on the stock = 4 + 1.7 × ( 15 - 4)

required rate of return on the stock = 22.7%

so correct option is e. 22.7 percent

5 0
4 years ago
In which phase of the job search cycle will you write a thank-you letter to the company following your interview?
ikadub [295]

Answer:

c. Shine at Interviews

Explanation:

We write a thank-you letter to the company after shine at Interviews in order to follow up

6 0
4 years ago
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