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
ioda
3 years ago
5

Sasha is an agent for ABC Insurance Company. Under her agent contract, she is allowed to use the company's logo on her office do

or and on her business cards. What authority type does this illustrate?
Business
1 answer:
Nikitich [7]3 years ago
8 0

Answer: Express authority

Explanation: Express authority is when an agent has permission under a contract to act on a principal's behalf. This can come in the form of writing or orally. In terms of Sasha, who is an agent for ABC insurance , her contract states that she is allowed to use the company's logo for her business cards and to put on her office door. This means that the contract specifically gives her permission to do so. This is expressive, as the principal has granted Sasha, the agent, permission to do this under her contract.

You might be interested in
On July 1, 2018, Fred City ordered $1,500 of office supplies.They were to be paid for out of the general fund. Entry under:
mel-nik [20]

Answer:

A) Dr. Encumbrances – Office supplies              No entry

Cr. Encumbrances outstanding

Explanation:

The journal entry is given below;

For Governmental fund financial statements

Encumbrances-Office Supplies $1,500  

      To Encumbrances Outstanding $1,500

(Being Office Supplies ordered  is recorded)

For Government-wide financial statements

No journal entry is required as under the accrual accounting, no entry should be recorded until the transaction does not arise

Therefore the option a is correct

6 0
3 years ago
Fact Pattern: Jackson Industries employs a standard cost system in which direct materials inventory is carried at standard cost.
Yuri [45]

Answer:

Efficiency varaince 6,000 unfavorable.

 

Explanation:

(standard\:hours-actual\:hours) \times standard \: rate = DL \: efficiency \: variance

std  hours          27,500.00 (22.000 units x 1.25 units per hour)

actual hours          28,000.00

std rate                 $          12.00

difference                 -500.00

efficiency variance $  (6,000.00)

3 0
3 years ago
If the actual unemployment rate is 7% and the cyclical unemployment rate is 2%, then the natural rate of unemployment is:
Luden [163]

Answer:

Hello Friend, I've done my personal research, and I apologize if the answer is incorrect.

The natural unemployment would be 5%.

Explanation:

The percentages of both kinds of employment statuses have an amount of what the natural rate of unemployment would be 5% which is the answer that is provided.

7 0
3 years ago
10. Barbara Inc. is working on its cash budget for June. The budgeted beginning cash balance is $16,000. Budgeted cash receipts
katrin [286]

Answer: $17,000

Explanation:

Given that,

Budgeted beginning cash balance = $16,000

Budgeted cash receipts total = $188,000

Budgeted cash disbursements total = $187,000

Desired ending cash balance = $40,000

The excess (deficiency) of cash available over disbursements for June will be:

= Beginning cash balance + Cash receipts - Cash disbursements

= $16,000 + $188,000 - $187,000

= $17,000

5 0
3 years ago
Lowe’s learned that 25 percent of the time its customers buy a garden hose, they also purchase a sprinkler. Patterns and relatio
podryga [215]

Answer: Data mining

Explanation: Patterns and relationships as indicated are discovered through a technique known as data mining, which is defined as the use of a variety of statistical analysis tools in marketing research to uncover previously unknown patterns in data or relationships among variables. It is also given as a technique for searching large scale databases for patterns; used mainly to find previously unknown correlations between variables that may be commercially useful.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following statements is true of customer relationship management? A. It is most extensively used by production-orie
    9·1 answer
  • Seble wants to open a floral shop in a downtown business district. She doesn't have fundsenough to purchase inventory and pay si
    10·1 answer
  • Kalim developed a new food product that he was certain would be popular with consumers. He researched his target market and made
    11·2 answers
  • Waterway Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $145,600 Allowance
    7·1 answer
  • WACC.  
    15·1 answer
  • You own a portfolio that has $2,800 invested in Stock A and $3,900 invested in Stock B. Assume the expected returns on these sto
    10·1 answer
  • When the future level of some variable is seen as a function of something other than time, the best forecasting models to use ar
    5·1 answer
  • Question 3
    10·1 answer
  • Tim is a single father with 1 child. He can work as a bagger at the local grocery store for $6 per hour up to 1,200 hours per ye
    5·1 answer
  • Why do you think that the decision making is crucial part of your life?give reason.​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!