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3 years ago

Which fiduciary act requires that an agent act in good faith and obey the principal's directions as outlined in the contract?

Business

1 answer:

omeli [17]3 years ago

7 0

Answer

Obedience

Explanation:

Obedience is a behavior that is aware and aware of principles and laws. Guardians, instructors, and cops all acknowledge acquiescence. Individuals show obedience when they adhere to the law,

In the given question it is given that agent act in good faith and obey the principles direction this is a obedience fiduciary act because in this can everyone have to be obey to the principles.

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- A negative monthly balance indicates that:

GrogVix [38]

Answer:

Someone owes you money

Explanation:

negative balance simply means that your card issuer owes you money,

7 0

3 years ago

Which of the following statements about roles within groups is true?A. Roles are shared beliefs of how various individuals shoul

In-s [12.5K]

Answer:

(D) Task specialists keep the group moving toward its objective

Explanation:

The highest group performance occurs when a highly cohesive group has high-performance norms.
Group or Teams can be powerfully effective as a building block for organization structure
A team's purpose should be translated into specific, measurable performance goals.
The key element of effective teamwork is the commitment to a common purpose.
Teams are now used by almost all companies to produce goods and services, to manage projects, and to make decisions about running the company.

Hence, the statement in option (D) is correctly fitted.

6 0

3 years ago

Universal Waste Disposal sold 1,350,000 shares of stock at $24.62 per share. The investment banker's commission was 5% of the va

Gre4nikov [31]

The proceeds that UWD received will be as follows:
Number of shares 1,350,000
share price $24.62
Amount realized from the shares:
1,350,000×24.62
=33,237,000

Total amount to be deducted will be:
(Commission+Accounting fees+legal fees+printing costs+selling expenses)
commission=$1,661,850
Accounting fees=$450,000
legal fees=$1,225, 000
printing cost=$275,000
selling expenses=$300,000

Total=(1,661,850+450,000+1,225,000+275,000+300,000)
=$3,911,850

The amount received will be:
33,237,000-3,911,850
=$29,325,150

4 0

3 years ago

List the steps of the decision making process.

crimeas [40]

<span>Step 1: Identify the decision. You realize that you need to make a decision.
Step 2: Gather relevant information.
Step 3: Identify the alternatives.
Step 4: Weigh the evidence.
Step 5: Choose among alternatives.
Step 6: Take action
<span>Step 7: Review your decision & its consequences.</span></span>

6 0

3 years ago

On December 31, 2020, Brisbane Company had 100,000 shares of common stock outstanding and 24,000 shares of 7%, $50 par, cumulati

prisoha [69]

Answer:

Basic Earnings per share = $0.81

Diluted Earnings per share = $0.59

Explanation:

Basic Earnings per share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Stocks

Earnings Attributable to Holders of Common Stock Calculation :

Net income $172,905

Less Preference Dividend (24,000× $50×7%) ($84,000)

Earnings Attributable to Holders of Common Stock $88,905

Weighted Average Number of Common Stocks Calculation :

Common Stocks 1 January 2021 100,000

Add Common Stocks February 28, 2021 13,333

Less Common Stocks September 30, 2021 (3,640)

Weighted Average Number of Common Stocks 109,693

Basic Earnings per share = $88,905 / 109,693

= $0.81

Diluted Earnings per share = Adjusted Earnings Attributable to Holders of Common Stock / Adjusted Weighted Average Number of Common Stocks

Adjusted Earnings Attributable to Holders of Common Stock Calculation :

Net income $172,905

Less Preference Dividend (24,000× $50×7%) ($84,000)

Earnings Attributable to Holders of Common Stock $88,905

Adjusted Weighted Average Number of Common Stocks Calculation :

Weighted Average Number of Common Stocks 109,693

Add incentive stock options 42,000

Adjusted Weighted Average Number of Common Stocks 151,693

Diluted Earnings per share = $88,905 / 151,693

= $0.59

6 0

3 years ago