Answer:
<h3>both Jan and Duncan are liable on the contract for the purchase of land.
</h3>
Explanation:
- A contract can be signed by an agent on behalf of an authority if the intended nature of the contract remain the same.
- This type of contract signing usually takes in the corporate sector where the head of a firm may hire an agent to sign contracts on behalf of the firm.
- When contracts are signed by an agent on behalf of the employer, both the agent and the employer becomes liable to the contract as agents represent the principal/employer.
Answer:
India like the United States operates a bicameral Legislative which means
they have 2 Houses involved in the creation of Laws.
The <u>Lok Sabha</u> is the lower house of Parliament and comprises of 543 seats.
The<u> Rajya Sabha</u> is the upper house and has 245 seats.
The National Capital Territory of Delhi is represented by 7 seats in the Lok Sabha and 3 seats in the Rajya Sabha.
The constituents represented in the Lok Sabha are;
- Chandni Chowk
- North East Delhi
- East Delhi
- New Delhi
- North West Delhi
- West Delhi
- South Delhi
The 3 seats in the Rajya Sabha are held by;
- Narain Dass Gupta
- Sushil Kumar Gupta
- Sanjay Singh
It is important for Latin America to diversify it's economy because for one thing, L.A. wouldn't have to take the risks of a failed business by relying on one crop or resource. Another reason is that more diverse crops or resources brings in a steady amount of money with varied products, and L.A. would be taking their chances by just relying on one crop/resources.
The correct answer is A) payables.
Tammy is talented at the craft but lacks the cash flow management skills required to run a business. She opens a store, Tammy's Craft Corner, with the help of her son David - a business major - who manages the budgets and expenses of the business. David prepares the quarterly budget and maintains a company book for recording all transactions. The company book balance that David regularly updates is the sum of payables.
The book balance describes the amount of money available that can be used to pay other businesses or purchase anything needed after the adjustment after deposits in transit or checks that are not been cleared. The payables are the business obligation to pay-off a debt to its suppliers or creditors.
The other options of the question are B) chargebacks, C) deposits, and D) receivables.
