A limited power of attorney fiduciary duty required of an agent Disclosure Care Confidentiality Accounting Obedience Contrition Loyalty.
A fiduciary relationship is a role of belief, and the agent owes the principal the obligation of obedience, loyalty, disclosure, confidentiality, accounting, and reasonable care (old automobile).
Fiduciary duty is defined by means of Black's regulation Dictionary as “an obligation of extreme precise religion, belief, confidence, and candor owed by using a fiduciary (which includes an attorney or corporate officer) to the beneficiary (which includes a lawyer's purchaser or a shareholder); a responsibility to act with the highest degree of honesty and loyalty towards any other .
fiduciary obligation to someone else, the person with the duty must act in a way in order to gain someone else, usually financially. the individual that has a fiduciary duty is known as the fiduciary, and the individual to whom the responsibility is owed is referred to as the predominant or the beneficiary.
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The complete question has been added with an image for better understanding of the concept. The beneficiaries of the inflation and interest rates will be,
- When inflation is 1 percent, Diane will benefit more than Jack;
- When inflation is 0 percent; Diane will benefit more than Jack;
- When inflation is 4 percent; Jack will benefit more than Diane;
- When inflation is -2 percent; Diane will benefit more than Jack.
<h3>What is inflation?</h3>
A given increase in rates or prices of any commodity, including monies, over a particular financial period is known as inflation.
The rates and beneficiaries due to the unexpected change in inflation for the above situation is given attached in the image in the form of a table.
Hence, the significance of inflation is as mentioned.
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Answer:
C
Explanation:
Im pretty sure its C. Everyone has to sign a lease when renting something
Answer:
Production= 10400 units
Explanation:
Giving the following information:
Budgeted Sales for January: 8,000 Units
Budgeted Sales for February: 10,000 Units
Budgeted Sales for March: 12,000 Units
Beginning Finished Goods for January: 3,000
Units Pevensie Inc. plans to have an ending finished goods inventory of 20% of next month's projected sales.
We will assume that the ending finished goods of January reaches 20% required for February.
<u>February:</u>
(+)Budgeted Sales for February= 10,000 Units
(+)Ending finished goods= 12000*0,20= 2400 units
(-)Beginning finished goods inventory= 2000 units
Production= 10000+2400-2000= 10400 units
