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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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For each item described: Identify the type of account (Asset, Liability, Equity, Revenue or Gain, Expense or Loss), normal balan
Juli2301 [7.4K]

Answer:

Identification of Type of Account, etc.:

Letter  Account

2.         Sales & Services  

6.    Allowance to for Doubtful Accounts  - 6. (Asset), Credit, Balance Sheet, No

1.     Office Salaries Paid  - Expense or Loss, Debit, Income Statement, Yes

Notes Payable

8.    Cash  - Asset, Debit, Balance Sheet, No

1. Sales Returns & Allowances - Expense or Loss, Debit, Income Statement, Yes

Explanation:

NB: Notes Payable are Liabilities, Credit, Balance Sheet, No.

The normal balance of Assets is debit.  Assets are stated in the balance sheet and are not closed at the end of the period.  The normal balance of Liabilities and Equity is credit.  Liabilities and Equity are stated in the balance sheet and are not closed at the end of the period.  The normal balance of Revenue or Gain is credit.  Revenue or Gain is stated in the Income Statement and is closed at the end of the period.  The normal balance of Expense or Loss is debit.  Expense or loss is closed at the end of the period.

8 0
3 years ago
Which part or phrase in the passage describes a method of primary market research that Jeremy might choose?
Flauer [41]

Answer:

The answer is B. I think.

Explanation:

7 0
2 years ago
Read 2 more answers
A television advertisement for Chick-fil-a shows several cows eating grass in a large field. The camera zooms out to show that t
JulsSmile [24]

Answer:

D) being original

Explanation:

An advertising copy is the main text or phrase used in an advertisement.

The copy used in this commercial is original, specially given the context. Generally advertisements show the product that is being advertised, not a substitute product (cow meat is substitute to chicken meat). This ad tries to be funny in showing that cows prefer people eating chicken instead of them.

8 0
3 years ago
Left, right, center,and justify are types of what
forsale [732]

Answer:

Justified Alignment

Explanation:

The type of text alignment that is frequently seen in newspaper,magazines,and books(both the left and the right sides of the paragraph are perfectly straight).I'm sorry if it was wrong.

brainliest plz ;-;

8 0
2 years ago
A firm has actual sales in November of $1,000 and projected sales in December and January of $3,000 and $4,000, respectively. Th
inn [45]

Answer:

b. 2,100

Explanation:

On January will be collected: a) 10% January´s sales because is collected in cash; b) 40% December´s sales because is collected one month following the sale, and 50% November sales because the balance is collected two months following the sale.

So we can calcula like follows:

Expected cash receipts in January = (4,000 * 0.10) + (3,000 * 0.40) + (1,000 * 0.50)

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Expected cash receipts in January = 2,100

8 0
3 years ago
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