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Reptile [31]
3 years ago
15

An agency coupled with an interest means: Select one: a. either party may terminate the agency at any time. b. the agency may no

t be able to recover the debt in the event of the principal's death. c. the agency is irrevocable without the consent of the agent. d. each party has the power to terminate without breach of contract if done so within 18 months.
Business
1 answer:
BigorU [14]3 years ago
5 0

Answer:

c. the agency is irrevocable without the consent of the agent.

Explanation:

An agency is a fiduciary relationship in which an individual is appointed as the agent to act for a specific purpose or reason on behalf of another, who is the principal. Basically, in agency the agent is typically acting under the influence or control of his or her principal and as such can be a notable representative of the principal in any capacity deemed fit legally.

Also, the principal could be a corporation, an organization or a limited liability company (LLC) and not necessarily a single individual.

An agency coupled with an interest means the agency is irrevocable without the consent of the agent because the relationship that exists between them is a contractual one.

Hence, the agency is irrevocable before its expiration or without the consent of the agent.

Additionally, death, bankruptcy, and mismanagement by the principal cannot end or terminate an agency coupled with an interest until the agent is able to realize his or her legal interest.

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The death of a promisor in a personal services contract discharges an agreement. However, if a promisor dies, other types of con
IRINA_888 [86]

Answer:

The interpretation of the discussion is characterized throughout the interpretation section elsewhere here.

Explanation:

  • The reinstatement including its service agreement shall be signed throughout the event of termination of each of the wings of the party in such a way that perhaps the replacement does not instantaneously embrace plausible transformations depending on the temperature acknowledged either by promiser.
  • Unless the particular responsibilities set out during this Agreement aren't adequately accomplished as well as throughout the lack of mention including its new contractual obligations.
  • The same would be true whether it is approximately necessary to manage the service agreement when the world collapses. After that, Suo-moto seems to be the cancelation including its service agreement. It would have the natural world of consciousness of leases. Because if the real estate of the dead person is expected to take responsibility again for contractual agreement through by the dearly departed.
5 0
2 years ago
TJ's and Corner Grocery are all-equity firms. TJ's has 2,500 shares outstanding at a market price of $16.70 a share. Corner Groc
alexandr402 [8]

Answer:

$1.30

Explanation:

The valuation of TJ's = price per share * number of shares in issue

= $16.70 * 2,500 shares = $41,750.

Corner Grocery offer for TJ's of $45,000, and obviously a premium over the market value of TJ's at $41,750.

The price per share of Corner Grocery's offer = \frac{45,000}{2,500} = $18 per share.

That is, offer value divided by the number of shares to be acquired.

Therefore, merger premium per share = offer price, less market price

= $18 - $16.70.

= $1.30

8 0
3 years ago
Daily demand for newspapers for the last 10 days has been as follows: 12, 13, 16, 15, 12, 18, 14, 12, 13, 15 (listed from oldest
katrin [286]

Answer:

The correct option is E,14

Explanation:

In using the two-day moving average to forecast for the next day sales, the previous two days sales are taken , summed to up and finally averaged(that is divided by 2)

Next day forecast=sum of previous two days sales figures/number of days

sum of previous two days  forecast=13+15=28

since the number of the days is 2 ,the 8 is divided by 2,28/2=14

Ultimately the next day forecast sales figure is 14 newspapers

Option A is wrong that is just considering of the two previous day, the same thing applies to option B.

Option C is the sum of previous two days sales without being divided

5 0
3 years ago
Information technology (IT) has changed:_________. a. the various forms of utility that businesses require in order to succeed.
bogdanovich [222]

Answer: c. the degree that businesses rely on each other for information and decision making.

Explanation:

Information Technology has enabled firms of all sizes and types to be able to access information that they need for themselves instead of having to rely on third-party providers that would provide data to them at a high cost.

This has enabled these businesses to rely less on other companies for decision making as well as become more efficient at it because they are able to use varied sources of information not just what they would have acquired from other companies.

6 0
3 years ago
On December 30, Year 12, AGH, Inc. purchased a machine from Grant Corp. inexchange for a zero-interest-bearing note requiring ei
andrey2020 [161]

Answer:

$329,840

Explanation:

Calculation to determine the net note payable to Grant

Net note payable to Grant=$70,000 × 4.712

Net note payable to Grant= $329,840

OR

Net note payable to Grant= ($70,000 × 5.712) – $70,000

Net note payable to Grant= $329,840

Therefore On AGH's December 31, 2017 balance sheet, the net note payable to Grant is:$329,840

6 0
3 years ago
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