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tresset_1 [31]
3 years ago
15

A familiar example of an agent is a:a. janitorial employee who does not deal with third parties. b. gardener hired to maintain t

he grounds at a large industrial complex. c. corporate officer who serves in a representative capacity for the owners of the corporation
Business
1 answer:
Paraphin [41]3 years ago
8 0

Answer: Corporate officer who serves in a representative capacity for the owners of the corporation.

Explanation: In simple words, a person acting on behalf of another person or group is called an agent.

A business agent uses the name of principal for entering into contracts with third parties while an employee is someone who is under the contract with the employer to perform his duties.

So from the above we can conclude that Janitor and gardener are an employee but corporate officer is an agent.

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What is the term that describes when the amount of goods produced is about the same as the number of consumers who are willing t
Anarel [89]
<h2>Answer:</h2><h2>Equilibrium point </h2><h2>An optimum position of a market price that generates the equal amount on demand and supply for a product or service </h2>

4 0
3 years ago
Intranets are an effective tool for gauging employee opinions and reactions to policy changes.
muminat

Answer:

False

Explanation:

I believe the employee opinions and reactions to policy changes will show up in the workplace.

6 0
4 years ago
The balance in Unamortized Discount on Bonds Payable
Irina-Kira [14]

Answer:

Correct option is (a)

Explanation:

Any difference in the amount of par value of bond and the cost at which it was acquired. The organization can either choose to expense the discount or held the same as an asset that is amortized over the years till maturity of bond.

Unamortized discount is the amount that is not yet expensed. The same is reported on the balance sheet as a deduction from face value of bond.

4 0
4 years ago
Coyote Loco, Inc., a distributor of salsa, has the following historical collection pattern for its credit sales.
Anna [14]

Answer:

80 perent...

Explanation:

7 0
3 years ago
Suppose the observed annual quantity of steel exchanged in the European market is 30 million metric tons, and the observed marke
VARVARA [1.3K]

Answer:

-0.10

Explanation:

To calculate this, we us the formula for calculating elasticity of demand (E) relevant for the demand equation as follow:

E = (P / Q) * (dQ / dP) .............................. (1)

Where,

Q = 30

P = 90

E = -0.3

dQ / dP = b = ?

We then substitute all the value into equation (1) and have:

-0.3 = (90 / 30)  * b

-0.3 = 3 * b

b = -0.3 /3

b = -0.10

Therefore, appropriate value for the price coefficient (b) in a linear demand function Q is  -0.10.

NB:

Although this not part of the question, but note that how the linear demand function will look can be obtained by first solving for the constant term (a) as follows:

Q = a - 0.10P

Substituting for Q and P, we can solve for a as follows:

30 = a – (0.1 * 90)

30 = a – 9

a = 30 + 9 = 39

Therefore, the linear demand equation can be stated as follows:

Q = 39 – 0.1P

5 0
4 years ago
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