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
inna [77]
3 years ago
10

Which of the following statements, if any, represent a principal’s duty to an agent who works on a commission basis?

Business
1 answer:
saul85 [17]3 years ago
4 0

Answer:

a) The principal is required to maintain pertinent records and pay the agent according to the terms of their agreement.

Explanation:

The relationship between agent and principle is agreement based and differs from other agent-principle relationships.

Commission will be paid to agent as per their agreement.

You might be interested in
Barriers to International Trade Countries often use various government regulations to manipulate the amount of goods and service
lisabon 2012 [21]

Answer: Please refer to Explanation

Explanation:

1. Embargoes and sanctions

When a trade embargo or sanctions are in play, depending on the strength of the nation or International organisation that imposed it, countries are not allowed to trade with the country that is under an embargo. Sometimes the trade embargo can be on all products and sometimes just specific sectors are targeted. An example is the current United States embargo on Venezuela which targets their oil sector and as such most countries are avoiding buying Venezuelan oil.

2. Tariffs

This is a method of reducing the amount of a certain good imported from outside. Tariffs are usually introduced to protect the domestic producers and supplier in an economy and work by taxing imports or placing a customs duty on them. They are usually imposed when the imports are cheaper than domestic Production.

3. Import Quota

Another way to protect the domestic economy. In this scenario, a country allows the import of a certain good only up to an extent for a period which is usually a year. For instance, the United States in this scenario could say that in 2020 only 500 megatons of Aluminum are allowed into the country from China. After that, no more is allowed until 2021.

4. Tariff.

This is a Tariff and as earlier explained, is meant to protect the domestic producers by taxing imports that are cheaper.

5. Import Quota.

This is clearly an import Quota as earlier described because the country is limiting the amount of a certain good that can come into it.

6. Embargoes and Sanctions.

This is a clear example of an embargo. The United States is limiting the amount of goods exported to North Korea because they are under sanctions and embargoes. The United States and Western nations do not want to export anything to North Korea that could aid it's Nuclear Industry so it is a targeted embargo on their nuclear industry.

4 0
3 years ago
If the stadium made $2,150,000 last year for sports events but only made $1,650,000 this year, what is the percentage decrease i
stellarik [79]

23% decrease.


We can do this by simply dividing 1,650,000 by 2,150,000. That would give us 0.7674. Multiply that by 100 and you have 76.74%.

However, this is the percent amount of how 1,650,000 is out of 2,150,000. So, we need to simply minus this answer by 100 to get 23.26, or 23%.

6 0
3 years ago
Read 2 more answers
Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a(n) ______ strategy.
IRINA_888 [86]

Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.

<h3>What is multinational enterprise?</h3>

Multinational enterprise are International organization or cooperation with two or more countries in the chain of operation.

They also involve in production of goods and services.

Therefore, Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.

Learn more on cooperation here

brainly.com/question/1669538

7 0
2 years ago
Which economic player did John Maynard Keynes feel was capable of restarting the economy during the Great Depression
Reptile [31]

Answer:

the government

Explanation:

5 0
2 years ago
A jewelry store promises to deliver custom-made wedding rings to a buyer within 2 weeks. However, it charges ten percent of the
Serggg [28]

Answer:

The correct answer is letter "B": It is taking deposits and progress payments.

Explanation:

Advance deposits and progress payments are the amount of money taken by an organization as part of the total amount charged for a good or service that is going to be provided. It is a form of endorsement that proves the buyer has a real intention in acquiring the good or service but also helps the organization to have immediate cash flow to pay for expenses such as the raw material that will be used for production (in the case of a good).

8 0
3 years ago
Other questions:
  • During the month of july, clanton industries issued a check in the amount of $845 to a supplier on account. the check did not cl
    15·2 answers
  • Porter co. is analyzing two projects for the future. assume that only one project can be selected. project x project y cost of m
    5·2 answers
  • James reported to the board of directors that it would be unlikely for them to expand the manufacturing facility in Brussels, Be
    5·1 answer
  • According to the video, what are common tasks performed by Nursery and Greenhouse Managers? Check all that apply.
    13·1 answer
  • Raindrop gear utilizes job-order costing for production of customized umbrellas. each division establishes its own estimates reg
    13·1 answer
  • Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.6 Return on assets (ROA) 3% Re
    9·1 answer
  • A company is about to go public. it announces that it plans to pay a $1 per share dividend in its first year of existence and 2$
    6·1 answer
  • Which of the following describes the mission of an organization? a. Who are we? Who will we become? b. What do we stand for and
    11·1 answer
  • Joint products Alpha and Beta emerge from common processing that costs $200,000 and yields 9,000 units of Product Alpha and 5,60
    7·1 answer
  • Have you ever financed anything on a short term or long term arrangement? ​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!