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Aleksandr-060686 [28]
3 years ago
10

Under the principles of agency law, any sale of goods by a salesperson in a store to a customer can be binding on the owner of t

he store. True False
Business
1 answer:
NeX [460]3 years ago
4 0

Answer: True

Explanation:

Under Agency Law in relation to employment, the salesperson is acting as an agent of the owner of the store and as such is their representative. As their representative, it is assumed that whatever they are selling is from the Owner whom they represent and as such can be binding on the owner.

This is why the Agent must act in the best interest of the owner because the owner could be held negligent for the actions of their agents. For instance, a salesperson will not be sued for a faulty equipment that caused harm but the store can.

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System testing:
yarga [219]

Answer:

C) tests the functioning of the system as a whole.

Explanation:

System testing refers to a process in which a complete system is evaluated to make sure that it works properly and fulfills the requirements. According to this, the answer is that system testing tests the functioning of the system as a whole.

The other options are not right because system testing doesn't separate components or programs as it involves the actual evaluation of the whole system to find defects and it is done before the acceptance testing.

3 0
3 years ago
Why is it important for organizations to accurately estimate the demand for a good or​ service? A. To decrease the fixed costs o
Yuki888 [10]

Answer:

B. To plan​ production, marketing, and budgets

Explanation:

A company needs to know accurately the demand for a good or service because it has to determine what kind of customer it is and plan the marketing accordingly. Additionally, that information will be valuable in planning plan its production volume. And afterward, with that information in hands, knowing fixed and varied costs, marketing costs and others, plan the budget accordingly. Pricing, fixed costs, demand slope, and potential sales will be determined by other factors that can include but are not limited to demand estimation.  

4 0
3 years ago
If the fair price for a 4-year annuity paying $100 per year is $334.57, what is the yield to maturity on a four year zero–coupon
Harrizon [31]

Answer:

YTM = 8%

Explanation:

$100 per year up to 4 years means, each year, the FV = $100.

We know, Zero coupon bond = [Fair Value ÷ (1 + YTM)^{n}]

As the 4-year annuity paying the different YTM in the previous three years, 4th year YTM will be -

Bond value = \frac{100}{1 + 0.6} + \frac{100}{(1+0.07)^2} + \frac{100}{(1+0.08)^3} + \frac{100}{(1+YTM{4})^4}

or, $334.57 = $94.3396 + $87.3439 + $79.3832 + \frac{100}{(1+YTM{4})^4 }

or, $334.57 - 261.0667 = \frac{100}{(1+YTM{4})^4 }

or,  (1+YTM{4})^4 = ($100 ÷ $73.50)

or, 1 + YTM = (1.3605)^{\frac{1}{4}}

or, YTM = 1.08 - 1

YTM = 0.08 or 8%

4 0
3 years ago
When selecting a candidate, an employer subjectively combines information gathered from interviews, reference checks, and employ
skad [1K]

Answer:

d. All the three selection devices

Explanation:

Civil Rights Act 1991 was an amendment of Civil Rights act 1964. It restructured, restored the act as a strengthening mechanism against skin colour discrimination in employment sector. The legal framework provided strict rules & regulations against any type of employment discrimination, at any stage of recruitment, selection, further procedures.

So, If the employer were sued because selection process had a disparate impact on blacks, the Civil Rights Act of 1991 states that the employer must demonstrate the job-relatedness of all the employment aspects : The interviews, The reference checks, The employment tests.

5 0
3 years ago
Your boss gave you a project to complete in 1 week. How would you go about
Paladinen [302]

Answer:

Communicate the task. Describe to your employees exactly what you want done, when you want it done, and the end results you expect. Be clear and unambiguous and encourage your employees to ask questions. ... Empower your employees with the level of authority required to complete the task.

4 0
3 years ago
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