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bija089 [108]
3 years ago
11

Becky asks her friend Maggie to walk her dog for her, and Maggie agrees. While out walking, the dog gets away from Maggie and ru

ns into Mr. Edwards' garden, digging up some expensive plants. Which statement best characterizes this situation?
a. Becky is liable for the damages to Mr. Edwards' garden, because she exercised control over her agent, Maggie.
b. Maggie is liable for the damages to Mr. Edwards' garden, because she was walking the dog at the time of the damage.
c. Both Becky and Maggie are equally liable for the damages to Mr. Edwards' garden--the dog belongs to Becky, but Maggie was walking him at the time of the damage.
d. Neither Becky nor Maggie is liable for the damages to Mr. Edwards' garden because no agency relationship existed between Becky and Maggie.
Business
1 answer:
mezya [45]3 years ago
7 0

Answer:A. Becky is liable for the damages to Mr. Edwards' garden, because she exercised control over her agent, Maggie.

Explanation:This is a situation where a person is working under the instructions of another, Becky will take the full responsibility for the damage done by the Dog to Mr. Edwards garden.

This can be seen also in conditions where a principal gives instructions or job to an Agent, the actions of the agent will directly impact the Principal as the Agent is working according to the directives of the principal.

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D.administered distribution system.

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Administered Distribution System is a system in which producer manages all the marketing functions at the retail outlets.

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What is considered one of the most common mistakes made by North American companies when trading with a Middle Eastern company?
Maurinko [17]

The main mistake made by North American when trading with a middle Eastern companies are being Impatient.

Explanation:

  • Middle east countries include countries such as  United Arab Emirate, Iran, Iraq, Turkey, Egypt etc.
  • North Americans are known to have a good trading relationship with many nations through out the world.
  • But the failed to maintain a healthy and good trading relationship with Middle eastern companies such as UAE etc.
  • On of the main reason why they failed is due to their impatience as arab people usually hesitate to take decisions regarding business right away and will demand some three or more business meetings before agreeing for trading, where on the other hand North americans didn't have such patience.

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6 0
3 years ago
Assume the following sales data for a company:
ella [17]

Answer:

b. 30%

Explanation:

The computation of the percentage increased in sales from the previous year to the current year is shown below:

= (Current year Sale - Preceding year Sale) ÷ (Preceding year Sale )

= ($325,000 - $250,000) ÷ ($250,000)

= ($75,000) ÷ ($250,000)

= 30%

Hence, the correct option is b. 30%

We simply applied the above formula to determine the percentage increased in sales

5 0
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On January 1, Gemstone Company obtained a $165,000, 10-year, 7% installment note from Guarantee Bank. Thenote requires annual pa
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Answer:

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Journal entries for issuance of Note Payable :

Cash Account ..... Debit $165000

7% Note payable Accounts .... Credit $165000

Note:

Note payable is a liability so it is credited as on date of issuance.

7 0
3 years ago
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