A licensee who is operating in the capacity of a party's designated agent must notify any clients of the existence of the agency relationship in writing.
<h3><u>An agency agreement is what?</u></h3>
In a legal contract known as an agency agreement, the first party, known as the "principal," agrees that the activities of the second party, known as the "agent," bind the principal to later agreements made by the agent as if the principal had made them personally.
In law, the ability of the agent to bind the principal is known as authority. A person may be compelled to pay for purchases made by a close relative using their credit card if they provide their credit card to them, which is an example of implied authority generated by an agreement.
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amountOfRain would be the most appropriate identifier for a memory location that will store the amount of rainfall for a given period of time.
<u>Explanation:</u>
A set of characters in a sequence that helps in the identification any value or a set of set is known as identifiers. Identifiers are unique in nature. A character sequence that is given for storing a set of data should not be given to store another set of data.
They are useful in referencing a variable from which the data or values that are contained in that particular variable can be easily retrieved. For example a variable can be indicated by an identifier totalAmount in which the value stored is 56000. The starting name of the variable should be given in smaller case letter and second name should be in capital letter. For instance if you are going to store the value 45 in the variable amountoftime then the variable name should be given as amountOfTime.
Answer:
$33,840
Explanation:
The computation of the depreciation per units or tons under the units-of-production method is shown below:
= (Original cost - residual value) ÷ (estimated tons)
= ($158,400 - $0) ÷ (22,000 tons)
= ($158,400) ÷ (22,000 tons)
= $7.20 per tons
Now for the year 2021, it would be
= Tons during 2021 × depreciation per tons
= 4,700 × $7.20 per tons
= $33,840
Answer:
A) one year
Explanation:
As the name implies, current expenditure is an accounting term used to classify the total cost incurred on an item presently (or currently) within one year.
For example, It would be out of place to classify the projected cost of renting a facility in the next three years as a current expenditure if payment would be made in the future.
