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
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.

You might be interested in
If the buyer does not have a clear and unambiguous description or specification and wants to find out which supplier can deliver
enyata [817]

If the buyer is trying to determine which provider would offer the best value when and where it is needed but does not have a precise and unambiguous description or specification, he or she will typically issue request for proposal (RFP)

What is Request for Proposal?

When a product or service is needed but does not yet exist, a request for proposals (RFP) is used. The proposal may involve conducting research and development to produce the requested good or service.

The RFP establishes the initial requirements for the good or service and may, to varying degrees, dictate the manner and structure of the supplier's response. Effective RFPs frequently reflect business strategy and short- and long-term goals, giving vendors in-depth knowledge from which to offer a complimentary viewpoint.

To learn more about Request for Proposal

brainly.com/question/12996542

#SPJ4

3 0
2 years ago
HELP PLEASSEE!!
san4es73 [151]

I THINK it's A but i'm not sure

4 0
2 years ago
Which points on the production possibilities curve show a level of production
rodikova [14]

Answer:

Most likely d and b

Explanation:

d is the best production so it should be in one of the answers and it is only with b so therfor it should be with d and b

3 0
3 years ago
Tedder Mining has analyzed a proposed expansion project and determined that the internal rate of return is lower than the firm d
Sholpan [36]

Answer:

C) Condensing the firm's cash inflows into fewer years without lowering the total amount of those inflows.

Explanation:

When you determine the net present value of project, the longer the project, the lower the present value of its cash flows. A way to try to increase the NPV of a project is to try to shorten its life span without reducing the value of its cash flows.

This sounds much simpler than it is. Since your project should produce cash flows in a shorter time, you will have to probably shorten the time periods of some activities, e.g. building new facilities, research and development, etc.

7 0
3 years ago
Mutual interdependence means that each oligopolistic firm:
Vlada [557]
Mutual interdependence means that each oligopolistic firm <span>must consider the reactions of its rivals when it determines its price policy.

An oligopoly has a limited amount of competition because there is a small amount of producers or sellers in the market. Because there is a small amount, they consider the reactions someone else may have if they change the the price policy. These firms can not keep each other from having a large influence over the market. 
</span>
6 0
3 years ago
Other questions:
  • Name two arguments that support international trade.
    12·2 answers
  • What is unemployment insurance fund
    12·1 answer
  • Wanda owns a lemonade stand. she produces lemonade using five inputs: water, sugar, lemons, paper cups, and labor. her costs per
    14·1 answer
  • Ottawa, Inc. provides the following data: 2019 2018 Cash $23,000 $22,000 Accounts Receivable, Net 37,000 37,000 Merchandise Inve
    12·1 answer
  • A company buys ten shares of securities at $1,000 each on January 15, year 1. The securities are classified as available-for-sal
    10·1 answer
  • F the decrease in the supply of a product is greater than the increase in its demand, _____.
    12·1 answer
  • Which of these is an example of a trade restriction?
    12·2 answers
  • Explain how insurance companies use statistics.
    12·1 answer
  • The standard predetermined overhead rate used in setting the standard overhead cost is determined by dividing Group of answer ch
    13·1 answer
  • What is the purpose of capital markets?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!