1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
max2010maxim [7]
2 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]2 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

You might be interested in
Need Help ASAP<br> Its a Career Planing
In-s [12.5K]

Answer:

All of the above

Explanation:

A Library is an accumulation of resources, materials and educational documents for the purpose of knowledge sourcing. It can be a physical building loaded with materials, journals, publications, etc, or an online platform.

A public library is a library open to everyone basically for the acquisition of knowledge online or offline. It also provides services such as access to internet facility, a quite environment, library staffs helping to sort for documents, photocopying borrowing of books, little entertainment, research resources, etc

6 0
3 years ago
Identify three ways you can group customers into market segments?
qaws [65]

Answer:

you could do demographic segmentation

behavioural segmentation

geographic segmentation

psychographic segmentation

notes: hope this helps

8 0
3 years ago
Read 2 more answers
A(n) _____ refers to a situation where a publicly traded company is purchased and then taken off the stock market.
dalvyx [7]
Leveraged buyout/////////////////
4 0
3 years ago
In which of the following situations is having a good credit score important?
Gemiola [76]
What are the answer choices?
4 0
3 years ago
On May 1, 2017, ABC Company signed a contract to provide 1 year of marketing research services to Anderson Company starting on M
Anna71 [15]

Answer:

Debit          Cash Account                              $12,000

Credit         Unearned Revenues Account    $12,000

Being advance payment for marketing research services by Anderson

Explanation:

Revenue received before it is earned are reported as liability until it is earned, this is consistent with  accrual basis of accounting. when payment for service not yet performed or goods not yet delivered is received, such a payment must not recognized in the period of payment but in the period when that service is preformed or when the goods are delivered.  

The treatment for advance payment of income is a debit to cash or bank and a credit to unearned revenues account or income received in advance account.

6 0
2 years ago
Other questions:
  • The demand for emeralds tends to be very elastic. This is because emeralds are more of a _____________. It also means that a 33%
    5·1 answer
  • Jake’s Market recorded the following events involving a recent purchase of merchandise: Received goods for $60000, terms 2/10, n
    5·2 answers
  • At the beginning of September 2018, Sheffield Company reported Inventory of $7800. During the month, the company made purchases
    8·1 answer
  • You find a way to lower your production costs. now your marginal cost of making a cookie is only 25 cents. at the market price o
    14·1 answer
  • Ramona decides to spend two hours taking a nap rather than attending her class. her opportunity cost of napping is __________. t
    6·1 answer
  • A certain project has a project cost of $387,000 and the annual inflows resulting from the product created is $64,000. What is t
    7·1 answer
  • The Gecko Company and the Gordon Company are two firms whose business risk is the same but that have different dividend policies
    14·1 answer
  • A price ceiling set below the equilibrium price in a perfectly competitive market A. always reduces producer surplus and increas
    6·1 answer
  • Delta Screen Corporation is currently operating at 60% of capacity and producing 6,000 screens annually. The normal selling pric
    9·1 answer
  • If the dollar contribution margin per unit is increased by 8%, total fixed expenses is decreased by 18%, and all other factors r
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!