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ANEK [815]
3 years ago
11

Which of the following was the result in Ackerman v. Sobol Family Partnership, LLP the case in the text involving whether the pl

aintiffs were bound by representations of their attorney regarding settlement that they had not approved?
A- That the agreement entered into by plaintiffs' attorney would not be enforced because the plaintiffs had not signed it.
B- That the agreement would be enforced because the plaintiffs' attorney had apparent authority to enter into the agreement.
C- That the agreement entered into by plaintiffs' attorney would not be enforced because the plaintiffs had not given the attorney express authority to enter into the agreement.
D- That the agreement would be enforced because the plaintiffs' attorney had express authority to enter into the agreement.
E- That the agreement entered into by plaintiffs' attorney would not be enforced because the plaintiffs had not lead the opposing defense attorneys reasonably to believe that the plaintiffs' attorney had full and final authority to settle the litigation.
Business
1 answer:
nalin [4]3 years ago
7 0

Answer:

Option B: That the agreement would be enforced because the plaintiffs' attorney had apparent authority to enter into the agreement

Explanation:

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Answer:

B) Single agency.

Explanation:

In real estate, a single agency relationship means that the broker can only represent one of the parties involved in the transaction, either the buyer or the seller, but he/she cannot represent both parties. Most broker-client relationships are single agencies, since that way the broker should pursuit his/her client's best interest.

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You are consulting for a natural food products distributor who is interested in determining the benefits it could achieve from i
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The first advised will be to carry our a survey that will show peoples opinion.

<h3>What is the importance of consulting?</h3>

Consultancy involves asking important question and guidelines form an expert.

It is done in achieving success in a particular project or Job.

The first step will be to run a survey on the adoption of the new technology.

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2 years ago
Molly company sells 39,000 units at $42 per unit. Variable costs are $33.6 per unit, and fixed costs are $154,000. Determine (a)
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Income from operations $
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3 years ago
The Instant Pot electric pressure cooker was introduced in 2010 and had a slow start, but word of mouth from social media and in
vagabundo [1.1K]

The  stage in the product life cycle of the Instant Pot would be "growth stage".

<h3>Stages in product life cycle:</h3>

There are four stages in the life cycle of a product in the market which are-

  • Take-off stage or introduction,
  • Growth stage or shake-out stage,
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The characteristics of Growth stage are-

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The said product can be confirmed to be in the growth stage because it exhibits higher growth in demand by social media marketing. Also, it shows there was a rise in the rival companies Ninja and Crock-pot pressure cookers.

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7 0
1 year ago
You are considering an investment in a mutual fund with a 4% load and an expense ratio of 0.5%. You can invest instead in a bank
irakobra [83]

Answer:

a. r > 8.69%

b. r > 7.225

Explanation:

Missing question <em>"b. hat annual rate of return must the fund portfolio earn if you plan to invest for 6 years to be better off in the fund than in the CD?"</em>

<em />

Mutual fund wealth index after N years = (1 - front load)*(1+r-expenses)^N

CD wealth index after N years = (1+rate)^N

a. Investment for 2 years

(1 - front load)*(1+r-expenses)^N = (1+rate)^N

(1 - 0.04)*(1+r-0.005)^2 = (1+0.06)^2

0.96*(1+r-0.005)^2 = 1.1236

(1+r-0.005)^2 = 1.17041667

<em>We remove square from both sides</em>

(1+r-0.005) = 1.17041667^(1/5)

(1+r-0.005) = 1.08185797

r = 1.08185797 - 1 + 0.005

r = 0.0869

r = 8.69%

r > 8.69%

b. If investment is for 6 years

(1 - front load)*(1+r-expenses)^N = (1+rate)^N

(1 - 0.04)*(1+r-0.005)^6 = (1+0.06)^6

0.96*(1+r-0.005)^6 = 1.41851911

(1+r-0.005)^6 = 1.47762408

<em>We remove square from both sides</em>

(1+r-0.005) = 1.47762408^(1/6)

(1+r-0.005) = 1.06723648

r = 1.06723648 - 1 + 0.005

r = 0.07223648

r = 7.22%

r > 7.225

7 0
2 years ago
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