According to the principle of rational choice, if there is diminishing marginal utility: select one:

Adam is a traveling salesperson for Peter Petri Plumbing Supply Corp. Adam has express authority to solicit orders from customer

Juliette [100K]

Answer:

Explanation:

Liability of Petri:

On all the purchases, if payment is made within 30days from delivery, Petri gave the authority of a 5% discount to Adam. Upon extension of credit to customers, no terms were given to Adam.

In the case under consideration, Adam explicitly gave a false representation of his authority to get more sales on his account and thus, Petri is NOT accountable to John on his terms with Adam.

Liability of John:

Being a customer to Petri, John has to discover the detailed terms on discount and other payment terms with Petri when he called Petri. John is also accountable to make clarifications whether Adam has the authority to give a 10% discount and making payment in three installments.

In the case under consideration, John has failed to find the exact details on whether Adam has the authority to give a 10% discount. Thus, he is accountable to make the payment of $9500 in 30days.

6 0

3 years ago

Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $300,000, vari

Ipatiy [6.2K]

Answer: $86700

Explanation:

The net operating income is used in knowing the profitability of an investment. The net operating income is gotten by subtracting the expenses from the revenue.

Based on the information given in the question, the net operating income is $86700. Kindly check the attachment for further details.

7 0

3 years ago

Colin has just received a delivery from the company's distribution center. He opens the containers and finds the popcorn and sna

gulaghasi [49]

Answer:

Floor ready shipment

Explanation:

Floor ready shipment is the one which is already pre tagged and pre ticketed with all the details which is necessary for the retail store before it reach to the store.

In this case, Colin receive delivery and when open the containers he finds that the items are priced and packaged. So, it is a floor ready shipment.

3 0

3 years ago

On January 1, Sway Corporation had 60,000 shares of $10 par value common stock outstanding. On March 17, the company declared a

pychu [463]

Answer:

See below

Explanation:

With regards to the above, the entry to record of March 30 would be;

Debit stock dividends $140,400

Credit common stock dividends distributable $108,000

Credit paid in capital in excess of par $32,400

Calculations;

= 60,000 shares of $10 par value

= $600,000 × Stock dividend

= $600,000 × 18%

= $108,000

Stock dividend = 60,000 shares of $13 market value

= $780,000 × Stock dividend

= $780,000 × 18%

= $140,400

Additional paid in capital = $140,400 - $108,000 = $32,400

5 0

2 years ago

No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the firs

allochka39001 [22]

No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.

<h3><u>What is the role of a director?</u></h3>

An organization's directors play a crucial role in governance on behalf of its shareholders or members.
The legal obligations that each Director must uphold during their tenure are outlined in various pieces of legislation. However, Directors are also held personally responsible for exceeding 700 more laws and legal standards.
Each director must acknowledge and support the following standards of conduct:
To accept personal accountability for contributing objectively and without regard to one's own interests to the Board's choices.
To proactively seek out sufficient knowledge about the organization's operations.
To constructively contribute to the formulation of pertinent organizational policies.
To give the organization's long-term strategies solid support.

In order to encourage good governance and guarantee that each director acts in the interests of the company's stakeholders, the legally based director duties were created.

Know more about Directors with the help of the given link:

brainly.com/question/14279294

#SPJ4

8 0

1 year ago