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crimeas [40]
3 years ago
9

Blue, a used car dealer, appointed Gage as an agent to sell Blueâs cars. Gage was authorized by Blue to appoint subagents to ass

ist in the sale of the cars. Vond was appointed as a subagent. To whom does Vond owe a fiduciary duty?
A) Gage only.
B) Blue only.
C) Both Blue and Gage.
D) Neither Blue nor Gage.
Business
1 answer:
Ierofanga [76]3 years ago
6 0

Answer:

Letter c is correct!

Explanation:

This question addresses the hierarchy of an organization, which is the structure of task distribution in a company for business success. In the case exemplified in the question, Blue company is at the top of the company hierarchy because it was she who had the authority to name Gage. as an agent and authorized him to appoint Vond, a subagent to assist with car sales. Therefore Vond in Blue's hierarchical structure, owes a fiduciary duty to Blue and Gage.

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How the stock market works <br>simplify ur answer?<br>​
Amiraneli [1.4K]

Answer: Stock market works by doing an activity of buy/sell. It is a profit process. For example, you bought something cheap and sell it expensive that is profit.

Explanation:

6 0
3 years ago
1.4. Discuss the role of the Competition Commission why it cannot deal with the
jolli1 [7]

Answer:

The Competition Commission is a statutory body constituted in terms of the Competition Act, No 89 of 1998 by the Government of South Africa empowered to investigate, control and evaluate restrictive business practices, abuse of dominant positions and mergers in order to achieve equity and efficiency in the South ...

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3 years ago
In February 2017 the risk-free rate was 4.97 percent, the market risk premium was 7 percent, and the beta for Twitter stock was
Gnesinka [82]

Answer:

14.77%

Explanation:

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= 4.97% + 1.40 × 7%

= 4.97% + 9.8%

= 14.77%

The (Market rate of return - Risk-free rate of return)  is also called market risk premium and the same is shown in the answer

5 0
3 years ago
Katrina receives an offer to buy a box of candy through the mail each month. The letter says that she will begin receiving candy
Katarina [22]

Answer:D. Does not constitute an acceptance of the offer.

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Their was no agreement between Katrina and the company candy company, because her consent was not sort by the Company,the company should have sort her consent and if possible get her to sign certain agreement that will prevent Indiscriminate violation of the terms of agreement.

3 0
3 years ago
Diane's Designs purchased a one-year liability insurance policy on March 1 of a year for $8,400 and recorded it as a prepaid exp
Liula [17]

Answer:

$700 (not given in the options)

Explanation:

When the policy is purchased with a payment made in advance, the entries recorded are

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Credit Cash account         $8,400

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= 1/12 × $8,400

= $700

Entries then required

Debit Insurance expense   $700

Credit Prepaid Insurance    $700

5 0
3 years ago
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