1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nirvana33 [79]
3 years ago
8

April and Wayne are the buyer and seller of a condo, respectively. April is represented by Steve. Wayne is represented by Wanda.

Name the principal(s) in this transaction.
Business
1 answer:
Sedbober [7]3 years ago
8 0

Answer:

Both April and Wayne

Explanation:

As per common law, principal is a person who designates another person to establish legal relationship with a third party on behalf of him. The person who acts on behalf of the principal is called an agent.

In this case, Steve acts on behalf of April and enter into a contract with Wanda who acts on behalf of Wayne. So, April and Wayne are principals and Steve and Wanda are agents.

You might be interested in
What does earning potential mean
Elena L [17]
I dont know!!!!!!!!!!!!!!!!!!!!!!!!!!
3 0
3 years ago
Which of the following are true?
natima [27]

Answer:

III and IV

Explanation:

You don't have to be interested in something to be good at it. A job you like and accommodates your interests is not a guaranty.

8 0
3 years ago
Assume that a national restaurant firm called BBQ builds 15 new restaurants at a cost of $1 million per restaurant. It outfits e
MatroZZZ [7]

Answer:

a) 19.5 million

b) $10.5 million

Explanation:

a) Since BBQ builds 15 new restaurants at a cost of $1 million per restaurant, The total cost for building restaurants = 15 × $1 million = $15 million

BBQ spends $300000 on equipment and furnishings for each restaurant. Therefore, total money spent on equipment and furnishings = $300000 × 15 = $4.5 million

The amount of Economic investments = The total cost for building restaurants + total money spent on equipment and furnishings = $15 million + $4.5 million = $19.5 million

b)  BBQ issues and sells 300,000 shares of stock at $35 per share.

Therefore, the purely financial investment = $35 per share × 300000 shares = $10.5 million

7 0
3 years ago
In 10 sentences, what are the benefits of talking out problems rather than going to court? What is the difference
Alexxandr [17]

Answer:

ididjdjdjdjdjdjdjdjfjf

4 0
3 years ago
Prior to closing, a final walkthrough of the property should be performed to ensure that everything has remained as stated in th
vitfil [10]

Prior to closing, a final walk through of the property should be performed to ensure that everything has remained as stated in the sales contract. The walk through is generally completed by the: buyer

<h3><u>Explanation:</u></h3>

In real estate field final walk through refers to the inspection that is carried out finally before signing the documents. The local purchase and sales contract determines the time period at which the final walk through must be taken place. It helps the buyer to ensure the conditions to the property before signing the legal documents.

A final walk through helps a buyer to inspect whether all the things that are stated in the sales contract are fulfilled by the seller. Hence, it must be completed only by the buyer. If the seller has mentioned some modifications or repairs to be done then it should also be completed as per the stated requirements of the buyer.

3 0
4 years ago
Other questions:
  • Joe's Juice Shop operates in a monopolistically competitive market. Joe's is currently producing where its average total cost is
    10·1 answer
  • Norman Company manufactures customized desks. The following pertains to Job No. 953: Direct materials used $18,800 Direct labor
    7·1 answer
  • What is some crimes that commonly occur mostly in the business environment ?
    11·1 answer
  • <img src="https://tex.z-dn.net/?f=%20%7C2%282.1%20%29%2B%20%28%20-%204.2%29%7C%20%2B%202%283%29" id="TexFormula1" title=" |2(2.1
    14·1 answer
  • The Cash T-account of Rainbow, Inc. has a beginning balance of $52,000. During the year, $244,000 was debited and $241,000 was c
    9·1 answer
  • Diversity is more than recruiting and keeping minorities. Diversity means appreciating and understanding other differences in ou
    13·2 answers
  • Best Burger is a major fast food chain. Its managers are motivated to grow the firm in order to increase their market power and
    15·1 answer
  • कवि ने अपनी और कोयल की स्थिति में क्या विषमता बतलाई है?​
    11·1 answer
  • Please answer, first get's brainliest
    12·2 answers
  • Buying office space is ______________ in the long run-in comparison to leasing. Which is the correct answer?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!