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AfilCa [17]
3 years ago
12

When a principal is unidentified Group of answer choices the agent and principal will be jointly and severally liable on the con

tract. the agent and principal will be only jointly liable on the contract. only the principal can be liable. only the agent is liable.
Business
1 answer:
Alja [10]3 years ago
4 0

Answer:

The correct answer is letter "A": the agent and principal will be jointly and severally liable on the contract.

Explanation:

Principal-agent relationships born because of the need for principals of contracting agents acting on their behalf. While interacting with third parties, the principal can take one of the three (3) following roles: <em>fully disclosed principal, unidentified principal, </em>and <em>undisclosed principal</em>.

An unidentified principal, <em>also called jointly and severally liable principal, is unknown by third parties. The third party knows the agent represents another party but the identity of that other party is a mystery.</em>

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Consider the case of long-distance telephone service. In country X, there are 20 providers of long-distance telephone service in
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Country X will have higher growth potential than country Y.

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Which of the following conditions distinguishes monopolistic competition from perfect competition? a. the freedom of entry and e
MariettaO [177]

Answer:

d)product differentiation

Explanation:

monopolism is when only one producer in the area produces the good/service thus there is no competition eg power supply company while perfect competition is when same type of products but different styles are produced making the business environment competitive.

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You are the manager of a gas station in a small town, and your goal is to maximize profits. Based on your experience, the elasti
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<span>a. </span>No. Since the good that I am selling is inelastic considering the elasticity given in and outside Texas, having a lower price than non-Texan gas stations would have less impact on the quantity demanded.

<span>b. </span>The profit-maximizing price to charge a Texan for a car wash would be $12.

<span>c. </span><span>The profit-maximizing price to charge a Californian for a car wash would be $18. </span>

<span>(See attached for the calculations.)</span>

Download docx
7 0
3 years ago
Write a paragraph talking about what happens through out a work day 
zzz [600]

Answer:

I fulfilled management tasks of opening and closing the facility, as well as overseeing a staff of seven individuals. Throughout the day I completed various administrative duties as well, including answering phones, drafting documents and emails, filing, and greeting customers.

u can also use this if u like

I fulfilled control tasks of beginning and closing the facility, as well as overseeing a body of workers of seven people. in the course of the day I completed numerous administrative duties as properly, together with answering telephones, drafting files and emails, submitting, and greeting customers.

Explanation:

3 0
2 years ago
What does liability insurance not cover in the event of an<br> accident?
qwelly [4]

The liability insurance does not cover the intentional harm caused by the insured, Employee injuries or illnesses, Illegal acts or wrongdoing in the event of an accident.

<h3>What is a Liability Insurance?</h3>

Liability insurance is a norm to provide the insured party with some conservation against claims resulting from injuries and damage to people or property, covering both legal costs and any payouts for which the insured party would be responsible if found legally liable.

There are two types of liability coverage: bodily injury and property damage.  Many states in the US needs liability coverages, subject to limits, which is the maximum amount the insurer will pay when the incident occurs.  For example, a car accident can be expensive.  This is why there is a limit of compensation which an insurer can offer.

Learn more about Liability here.

brainly.com/question/21663221

#SPJ1

4 0
1 year ago
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