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max2010maxim [7]
3 years ago
8

According to this doctrine, an agency relationship which is created after the fact when the principal agrees to be bound by the

actions of the agent who was acting without authority, is known as...?
Business
1 answer:
vredina [299]3 years ago
6 0

Answer:

Agency by ratification

Explanation:

Agency by ratification is a situation where an agent or a company performs an act while claiming to be the agent of another person without his knowledge.

The principal later accepts and recognises the action as being on their behalf after the fact.

Normally the action by the agent would be invalid, but if it is recognised by the principal it is called agency by ratification and the action is now valid.

When an unauthorised action is taken on behalf of a principal he has the final decision on whether to adopt by signing, or not to adopt

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Television is a popular advertising medium among companies selling products and services that are consumed by mass markets becau
matrenka [14]
It can help their companies get heard because people who watch television will notice the advertisments and it willl be seen by a lot of people.

Hope this helps 
3 0
3 years ago
On December 31, 2018, Adelphi Corporation has outstanding 500 shares of $100 par value, 4% cumulative and nonparticipating prefe
alexandr402 [8]

Answer:

$5.50 dividend per share to common stock

Explanation:

In case a company has cumulative preference shares then the company has to pay preference dividend in arrears

Here, preference dividend was not paid in the year 2017

Preference dividend for 2017 = 500 \times $100 \times 4%

= $2,000

Since the dividend is paid in between the year 2018, dividend is paid for the year 2017 and not for 2018 thus preference dividend is for a year, only for 2017

Therefore, dividend to common equity = $35,000 - $2,000 = $33,000

Dividend per share = $33,000/6,000 = $5.50 per share

6 0
3 years ago
BRAINLIEST
Marina CMI [18]

Answer:

B

Explanation:

4 0
3 years ago
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The jou
Musya8 [376]

Answer:

The option (B) Debit Work in Process Inventory $72.000 credit Factory Wages Payable $172,000 is correct

Explanation:

Solution

Given that:

As the cost of labor was sustained as regards to processing the inventory and it was not completed, so debit the work in process of account.

There also exits a liability of paying labor charges for this it will be payable.

Hence credit factory wages payable.

For the other options they are crediting cash which is not yet paid, here the option A  and E is wrong.

For option D, they are crediting inventory which in this case is not correct due to the existence of a liability for paying labor fees.

The option D is wrong, because they debited with the cost of sold goods.

8 0
3 years ago
A point outside (to the right of) the production possibilities curve of a nation implies that this nation is using its resources
PtichkaEL [24]

Answer:

is not attainable for this nation

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources

Points inside the production possibilities curve means that the nations resources are not being fully utilised

Factors that cause the PPF to shift  

1. changes in technology.  

2. changes in available resources.  

3. changes in the labour force.  

8 0
3 years ago
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