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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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Tatum Manufacturing recently opened a new facility in Hong Kong. The firm can most likely expect the Hong Kong government to ___
pickupchik [31]

The expectation of the Tatum Manufacturing firm from the Hong Kong government is to <u>ensure fair competition </u>with its competitors.

<h3>What is a manufacturing firm?</h3>

A manufacturing firm is a firm that engages in massive scale production of goods and commodities that uses physical labor and/or machinery to turn raw materials and parts, into finished goods or completed items.

The finished goods could be sold:

  • To other manufacturers for the fabrication of more sophisticated products,
  • To wholesalers that redistribute the goods to retail traders, or
  • To final consumers directly.

The role of the Hong Kong government to Tatum Manufacturing Firm in as much they comply with the government regulations and taxes is for the government to ensure that there is fair competition for Tatum Firm with its competitors.

Learn more about a manufacturing firm here:

brainly.com/question/24519299

4 0
2 years ago
"Calandra Panagakos works for CIBC Currency Funds in Toronto. Calandra is something of a contrarianlong dashas opposed to most o
Ad libitum [116K]

Answer:

Calandra should buy call on Canadian Dollars on C$ $0.7000 $0.00049

Explanation:

If she is expecting the Canadian dollar to appreciate versus the United States Dollar in the future, she would buy a calla that gives her the right to buy Canadian Dollars at a lower price than hers future cost projection.

8 0
3 years ago
27. The organizational unit that represents the independent legal accounting entity in SAP is the ________.
Nesterboy [21]

The organizational unit that represents the independent legal accounting entity in SAP is the Company Code.

<h3>What is SAP?</h3>

A well-known enterprise resource planning (ERP) program is SAP, or Systems Applications and Products. SAP establishes a centralized system for organizations that enables each department to access and exchange common data in order to improve the working conditions for all employees.

A company code in SAP is the smallest organizational unit of external accounting for which you can establish a totally self-contained set of accounts for transaction posting.

If there are external reporting requirements, such as segment reporting for that unit in the local currency of that country, you can also use a business code to indicate a legally dependent operating unit abroad (commercial place of work).

Therefore, The Company Code is the SAP organizational unit that reflects the independent legal accounting entity.

To know more about SAP refer to:  brainly.com/question/12228915

#SPJ4

5 0
1 year ago
Waterway Company acquired a plant asset at the beginning of Year 1. The asset has an estimated service life of 5 years. An emplo
Masja [62]

Answer:

$69,000

Explanation:

The double-declining method uses twice the rate of the straight-line depreciation method.  

In this case, we need to determine the depreciation rate under the straight-line method. The asset has a useful life of 5 years.

the depreciation rate = 1/5 x 100

=0.2 x 100

=20%

The Depreciation rate for the double-declining method is 40%. The straight-line method considers salvage value at the beginning, but double-declining depreciates until the salvage value.

In the first year under the double-declining method, the depreciation amount was $27,600.

It means 40% of the asset cost is $27,600.

The asset cost is 100%

40%=$27,600

100% = 27,600/40 x 100

=$690 x 100

=$69,000

Asset cost = $69,000

8 0
3 years ago
Aneko is a media buyer with simantel, an advertising agency. Aneko typically purchases radio and television commercial time slot
Tema [17]

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<h3>What is Measured Media?</h3>

Measured media is a media that comprises of the following:

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Measured media is important as it enables business owners to know the best media platform to choose when it comes to advertising their product.

Therefore these commercials are examples of <u>measured </u>media.

Leatn more about measured media here:brainly.com/question/24018854

7 0
2 years ago
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