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stira [4]
2 years ago
14

Charlena gives Megan the post of Vice-President of Procurement to express appreciation for Megan's hard work in stocking the she

lves at Charlena's store, Thrift City. Megan uses her business card with the title on it to purchase a new truck in Thrift City's name from Highway Auto. What authority, if any, has Charlena given Megan?
Business
2 answers:
Aliun [14]2 years ago
8 0

Answer:

Apparent Authority

Explanation:

Based on the information provided within the question it seems that the authority that Charlene has given Megan is Apparent Authority. This term refers to a subtle authority given to an individual which a reasonable third party would understand that they are an agent acting on behalf of their employer. Such an example would be an employee driving a UPS truck, any reasonable person would see the UPS truck as a sign that the individual driving has authority to act on behalf of the UPS company. The UPS truck is similar to the business card that Megan has, giving her apparent authority to act on behalf of Thrift City.

motikmotik2 years ago
7 0

Answer:

termed "apparent authority"

Explanation:

The three kinds of authority recognized in the law are:

1. actual authority (whether express or implied),

2. apparent authority, and

3. ratified authority.

However in this scenario Charlena gives or confers authority to Megan which represents a situation where a reasonable third party would understand that an agent had authority to act from the principal.

The principal here represents Charlena,

the agent is Megan,

and the third party is 'Highway Auto'

This means a principal is bound by the agent's actions (since Megan is authorised to use her business card to purchase in Thrift City's name).

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3. Suppose Tyrone wants to open a savings account that earns 3.5% simple interest per year. He wants it to be worth $1500 in 4 y
saw5 [17]

Answer:

$1,307

Explanation:

The computation of the future value by using the following formula is shown below:

As we know that

Future value = Present value × (1 + interest rate)^number of years  

$1,500 = Present value × (1 + 0.035)^4

So, the present value is

= $1,500 ÷ (1.035)^4

= $1,307

Hence, the present value is $1,307 and the same is to be considered

3 0
2 years ago
a boy is three years younger than his sister. two years ago he was two-thirds of his sister's age. what are their present ages ​
padilas [110]

Answer:

The boy: 8 years old

The sister: 11 years old

Explanation:

We assume that the age at present of the boy is x (years old).

As he is younger than his sister 3 years, so that his sister's present age is great than x 3 years

=> Her present age is: x + 3 (years old)

Two years ago, the boy is younger than present two years

=> The boy's age two years ago is: x - 2 (years old)

Similarly, the sister's age two years ago is: (x+3)-2 = x + 1 (years old)

As given, two years ago he was two-thirds of his sister's age, so that we have:

<em>The boy's age two years ago = </em>\frac{2}{3}<em> × the sister's age two years ago</em>

⇒ x - 2 = \frac{2}{3}(x+1)

⇒ x - 2 = \frac{2}{3}x + \frac{2}{3}

⇒ x - \frac{2}{3}x =  \frac{2}{3} + 2

⇒ \frac{1}{3} x = \frac{8}{3}

⇒ x = \frac{8}{3}. 3 = 8

=> x + 3 = 8 + 3 = 11

So the present age of the boy is 8 years old, of the sister is 11 years old

5 0
3 years ago
Which of these resources do
xeze [42]

Answer:

B. Capital

Explanation:

It would be capital because households pay for the certain goods or services a business has to offer, therefore giving them money. The word "Capital" means funds/money, and since the households are giving the businesses money, they care supplying capitals.

4 0
3 years ago
a company has net sales of $126,000, cost of goods sold of $72,000, operating expenses of $38,000, and other expenses of $3,000.
earnstyle [38]

Answer:

$13,000

Explanation:

Net income= net sales -net expenditure

in this case:

net sales=$126,000

net expenses =  $113,000 {COGS + operating exp.+other exp.}

Net income= $126,000-$113,000

                    =$13,000

3 0
3 years ago
You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $1.25 in divid
ANTONII [103]
The answer is A ! Hopefully this help!
6 0
2 years ago
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