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IrinaVladis [17]
3 years ago
7

Beck was the general manager of Chilkoot Lumber Co. Haines sold fuel to the company. To persuade Haines to sell on credit, Beck

signed a paper by which he promised to pay any debt the lumber company owed Haines. He signed this paper with his name followed by "general manager." Haines later sued Beck on this promise, and Beck raised the defense that the addition of "general manager" showed that Beck, who was signing on behalf of Chilkoot, was not personally liable and did not intend to be bound by the paper. Was Beck liable on the paper?
Business
1 answer:
Gre4nikov [31]3 years ago
5 0

Answer:

No

Explanation:

Beck was the general manager of company. By signing the company's document, actually company is liable to pay that amount not individual. The claim that Haines make is incorrect as any liability is supposed to be beared by company. The claim that Beck made is correct. because he wrote general manager which means he is an employee of that company. So, liability falls on company rather than individual.

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Describe the challenges and opportunities of globalization in a ""flattened"" world.
Ksju [112]

Answer:

The meaning of a 'flattened' world is that ,globalization, which can be described as inventions and various developments in the technology world , has created a level playing ground, where countries considered as small or minors are now competing with the super-power ones.

Explanation:

The major challenge of this is that , the rate competition has increased between countries that have great impacts on the resource area of businesses.

And the opportunities are that, new jobs are created or available especially in the information systems and other jobs or occupations involving services.

 Finding better suppliers and at a better price has also been considered as a big benefit because now there were more places to choose from globally.

4 0
3 years ago
Read 2 more answers
DeMarcus has been general manager of the Surf and Turf Club restaurant for many years and always schedules extra staff for the b
Keith_Richards [23]

Answer:

illusion of control.

Explanation:

The illusion of control is the tendency for people to overestimate their ability to control events; for example, it occurs when someone feels a sense of control over outcomes that they demonstrably do not influence.

In the scenario, although Business has been consistently slow on Fridays in recent months, yet DeMarcus decides to continue with the extra staffing.

This is obviously a case of illusion because he has no control over the external business environment and there is no logical reason to continue with extra staffing.

3 0
3 years ago
Which one of the following parties can sell shares of ABC stock in the primary market?-ABC company-Any corporation, other than t
horsena [70]

Answer:

ABC company

Explanation:

Basically there are two markets i.e primary market and the secondary market.  

The primary market is the market in which the initial public offer is taking place that means the new security is first offered to the public by the company whereas, in the secondary market, the broker or investor is involved while offering the securities.  

In the given situation, the ABC company itself is involved while selling the shares of ABC stock in the primary market

4 0
3 years ago
Dure Inc. is an athletic shoe-making company in the United States. It successfully sells the same range of shoes in all its inte
Vlad [161]

Answer: Global segmentation

Explanation:

 The global segmentation is one of the type of process in which the consumers or users are get grouped on the basis of their similar needs and the requirements.

In the global segmentation process we categorized the or divide the various types of customers into the different types of groups according to their specific interest related to the products and the services in the market.

The following are some benefits of the global segmentation are as follows:

  • Providing various types of market opportunities
  • Better usage of the resources
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 Therefore, Global segmentation is the correct answer.

5 0
3 years ago
First Link Services granted 4.4 million of its $1 par common shares to executives, subject to forfeiture if employment is termin
EastWind [94]

Answer and Explanation:

First Link Services granted

1. Total compensation

$4.4 million × $5

=$ 22 million

2.

Dr Compensation Expenses 11 million

Cr Paid in capital restricted stock 11 million

Dr Paid in capital restricted stock 22 million

Cr Common stock 4.4 millon

Cr Paid in capital excess of 17.6 million

5 0
3 years ago
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