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3 years ago

5. Michael told Greg to sell his collection of vintage heavy metal band t-shirts. He

Business

1 answer:

kiruha [24]3 years ago

4 0

Answer:

The correct answer is Greg. He is the agent.

Explanation:

First of all, the term agent, in business, is understand as the individual that currently manages another person's business affairs and that commonly spend much of his time negotiating contracts for his clients.

Secondly, according to the definition of agent, it is understandable that in this case the agent is Greg due to the fact that he is the one that has to sell the collection, under Michael's orders.

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What type of consideration does the proposed insured offer to an insurance company?

tigry1 [53]

Answer:

the payment of the insurance premiums

Explanation:

Consideration in contract law refers to an exchange of something of value, e.g. I pay $5 in exchange for a hamburger.

In insurance contracts, consideration provided by the insured refers to paying the insurance premium. Consideration provided by the insurance company is the promise to pay in case of a covered loss.

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3 years ago

Diggin Tools just issued new preferred stock, which sold for $85 in the stock markets. Holders of the stock will receive an annu

lys-0071 [83]

Answer:

c. 11.70 percent

Explanation:

The computation of the cost of preferred stock is shown below:

= Annual dividend ÷ Sale price of preferred stock × (1 - flotation cost)

= $9.35 ÷ $85 × (1 - 6%)

= $9.35 ÷ $79.9

= 11.70%

We ignored the marginal tax rate i.e 30%. In the case of preferred stock, the flotation cost would be deducted. We consider all the things that are given in the question

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3 years ago

A fundamental aspect of _____ is that it effectively conducts global business by providing an individual the right to freedom of

Rus_ich [418]

Answer:

Democracy.

Explanation:

Democracy is a social organization characterized by popular influence and participation in the political decision-making process. In the democratic regime, the people are free to choose their rulers through votes.

It can be defined in a broader context as a constitutional, electoral and administrative order, the foundations of which must be established according to a social system. Some fundamentals of democracy are:

Freedom of expression and opinion of the individual.
Freedom of expression and political opinion of the individual.
Equal political rights and favorable opportunities for the people and parties to speak out on decisions of general interest.

5 0

3 years ago

The strength of bargaining power forces depends on the availability of substitutes and ________ compared to the size of supplier

KatRina [158]

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The strength of bargaining power forces depends on the availability of substitutes and the relative size of the firm compared to the size of suppliers or customers.

3 0

3 years ago

The following information pertains to Sheridan Company.

DanielleElmas [232]

Answer:

Adjusted Cash Balance at 31 August 2022 = 9654

Explanation:

Bank Reconciliation Statement at August 31, 2022

Cash Balance as per Bank August 31, $7338

Add: Deposit in Transit $3010

Deduct: Outstanding Checks ($694 )

Adjusted Cash Balance $9,654

Cash Balance as per books, August 31, $7374

Add: Receivable collected by bank $2326

Less:Bank Service Charges ($46)

Adjusted Cash Balance $9,654

5 0

3 years ago