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Anna [14]
3 years ago
5

Who can become a principal and who can become an agent?a. Any person can become a principal, but an agent has to have the capaci

ty to contract. b. Any person can become a principal and any person can become an agent. c. A person must have contractual capacity to be a principal, but any person can become an agent.
Business
1 answer:
Rufina [12.5K]3 years ago
6 0

Answer: Option A

Explanation: Any person can become a principal having sufficient business but in order to become an agent of the principal one needs to have the capacity to contract on behalf of the principal.

In a principal agent relationship, the principal bounds the agent to act on his behalf. So, there is no legal contracts to become a principal but the acts of agent are legally bound to a certain extent.

Hence, option A is correct.

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"Whenever Andrew considers upgrading his personal computer system, he consults with Jeremy, a knowledgeable friend who always ha
maksim [4K]

Answer: innovator

Explanation:

From the question, we are informed that whenever Andrew considers upgrading his personal computer system, he normally consults with Jeremy, a knowledgeable friend who always has the newest technology.

Regarding the question, Jeremy is an innovator. An innovator is someone who has embraced new ideas and is always trying out new gadgets and technology.

8 0
3 years ago
Jason is shopping at Hollister. Hollister has a sale: spend $100 saves 10%. If Jason buys clothes that costs $100, how much will
densk [106]

Answer:

$90

Explanation:

Hollister has an offer of 10%  savings for every purchase.

Jason buys clothes for $100. His savings will be 10% of $100

=10/100 x100

=0.1 x 100

=$10

Jason will pay

=$100 - $10

=$90

Jason will pay $90

8 0
3 years ago
The Purchasing Policy Guidelines of the Southern Supply Inc. indicate that the company is committed to procuring its goods, prod
Harrizon [31]

Answer:

The-buying manager's-conduct should-be-relied upon to-expand Southern's-hazard by-expanding its-presentation to-potential-supply-deficiencies or-confounded conveyances

Trust in business is an incredibly dubious notion. It depends on the shared fulfillment of included gatherings, and the apparent life span of their relationship. There might be a clouded side to it - regarding "defilement/pay off", "preference", "nepotism" and so forth which may prompt "an underestimated, one-sided demeanor" and in the end bargain "quality" - antagonistically influencing the business' prosperity.  

Presently, given this thought, you may acknowledge why Southern Supply Inc. had a buying approach of acquiring its items/administrations from an expanded pool of specialist co-ops. It is actually as the mainstream saying goes - "One-ought not-put-every one of their-eggs-into-one-bin"  

6 0
3 years ago
TwitterMe, Inc., is a new company and currently has negative earnings. The company’s sales are $2.1 million and there are 130,00
Paladinen [302]

Answer:

a. $69.46

b. 58.15

Explanation:

a. Price = Benchmark PS ratio × Sales per share

<u>Sales per Share</u>

=  Sales / Shares outstanding

= 2,100,000/130,000

= $16.15

Price = 4.3 * 16.15

Price = $69.46

b. PS Ratio is 3.6

Price = Benchmark PS ratio × Sales per share

Price = 3.6 * 16.15

Price = $58.15

7 0
3 years ago
Presented below are certain account balances of Martinez Products Co.
Zepler [3.9K]

Answer:

a. Total net revenue:

= Sales revenue - Sales discounts - Sales returns + Rent revenue + Dividend revenue

= 410,000 - 7,930 - 12,560 + 6,610 + 71,490

= $467,610

b. Net income:

= Total net revenue - Cost of goods sold - Interest expense - selling expenses - income tax expense - administrative expenses

= 467,610 - 179,854 - 13,420 - 99,440 - 28,935 - 75,280

= $70,681

c. Dividends declared:

= Beginning Retained earnings + Net income - Ending Retained earnings

= 114,500 + 70,681 - 134,260

= $50,921

d. Income attributable to controlling shareholders:

= Net income - non-controlling interest:

= 70,681 - 19,240

= $51,441

4 0
3 years ago
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