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Ierofanga [76]
3 years ago
5

When a principal falsely leads a third party to believe that another individual serves as his or her agent, the principal has cr

eated agency by:_______.
Business
1 answer:
Softa [21]3 years ago
4 0

Answer:

Estoppel

Explanation:

An agency is created between two parties when one party, with consent of the other party assign a third party to act on his behalf under his control. This third party is called a agent.

Under agency by estoppel, if the principal (who appoints agent to undertake task) assigns a third party, instead of agent, to carry out a task. It is called an agency by estoppel. The principal cannot deny later that he had assigned the work to a third party.

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Mr. Slake sold 1,580 shares of publicly traded DDL stock (tax basis $49,240) for $40,000 cash on February 13. He paid $43,000 ca
garik1379 [7]

Answer:

$9,240 loss recognized

$43,000 basis

Explanation:

Tax basis of share purchase is the cost of share together with any tax related to this purchase.

Mr. Slake's loss recognized on the February 13 sale is $9,240 = total cost of 1,580 share purchased in the past - total amount collected from sales of these share =  $49,240 - $40,000 = $9,240

His tax basis in purchase of 1,600 shares on Mar 2 is  $43,000, the total cost he paid to acquire 1,600 shares

5 0
3 years ago
The use of slang creates which type of communication barrier?
Nadya [2.5K]

Answer:

letter A just my suggestion ☺️☺️

6 0
3 years ago
Rayya company purchases a machine for $105000 on january 1, 2019. Straight-line depreciation is taken each year for four years a
klio [65]

Answer:

                      Journal entry For Depreciation

Date        Account and explanation            Debit    Credit

July 1 Depreciation expense                 $7,500

                (105000/7)*6/12

                       Accumulated depreciation-Machine   $7,500

                 (To record Depreciation)

1)                     Journal entry

Date        Account and explanation                      Debit     Credit

July 1        Cash                                                     $45,500

                Accumulated depreciation-Machine  $67,500  

                        Machine                                                         $105,000

                        Gain on Sale of Machine                              $8,000

                (To record sale of Machine)  

2)                                 Journal entry

Date         Account and explanation                       Debit       Credit

July 1         Cash                                                      $25,000

                 Accumulated depreciation-Machine  $67,500

                  (105000/7*4.5)

                 Loss on sale of machine                      $12,500

                         Machine                                                            $105,000

                 (To record sale of Machine)

6 0
3 years ago
When tailoring a résumé, what is the first step that should take place? a. Arrange your résumé with the most relevant informatio
Sphinxa [80]

Answer: d. Make sure to change the position and company name in the objective.

Setting the job objective is the first step of any resume.

The manner in which the objective of a resume is framed conveys a lot of information to the prospective employer.  

A well defined objective must use industry vocabulary, demonstrate research into the job or position that is being applied for and reflect the incumbent's abilities and interests.  

Hence it is imperative to change the position and company name in the resume's objective while tailoring a resume.

6 0
3 years ago
Read 2 more answers
Sun-Jun is the executive general manager of a U.S.-based multinational corporation. Marisol is a manager in a similar position b
Norma-Jean [14]

Answer: A. choosing an appropriate mode for entering a particular foreign country

Explanation:

The options to the question are:

A. choosing an appropriate mode for entering a particular foreign country

B. developing a business strategy

C. marketing a product or service

D. adhering to labor and environmental standards

E. maintaining healthy relations with the U.S. government.

From the question, we are told that Sun-Jun is the executive general manager of a U.S.-based multinational corporation while Marisol is a manager in a similar position but works for an American company that operates only in the U.S. and does not engage in international business.

Since Marisol's company does not engage in international business, while Sun-Jun works in a multinational corporation, this means that the business function will be most typically exclusive to Sun-Jun will be choosing an appropriate mode for entering a particular foreign country.

4 0
3 years ago
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