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just olya [345]
2 years ago
10

Section​ 1(1) of the Restatement​ (Second) of Agency defines agency as​ a(n) _____ relationship ​"which results from the manifes

tation of consent by one person to another that the other shall act in his behalf and subject to his control.​"
Business
1 answer:
jasenka [17]2 years ago
6 0

Answer:

Fiduciary

Explanation:

Fiduciary is a person or organization which acts on behalf of another person to manage assets. The fiduciary must act in others' best interests. A fiduciary is responsible for both general well being and the finances of their clients. Financial advisers, Money managers, Bankers and Accountants, they all have fiduciary responsibilities.

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On January 1, 2016, Bailey, Inc. had 84,810 shares of common stock outstanding. The following transactions occurred during 2016:
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Answer:

$2.41

Explanation:

1 January-September 30        84,180*9/12=63,135

1 October-31 December (84,180+30,000)*3/12=28,545

Weighted average of common stocks outstanding =91,680

Earning per share (EPS)=Net Income/Weighted average common stocks

EPS=$221,062/91,680

EPS=2.41

6 0
3 years ago
The economics profession thrives because:
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Answer:

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4 0
2 years ago
Buster industries pays weekly salaries of $17,800 on friday for a five-day week ending on that day. the adjusting entry necessar
faust18 [17]
<span>salaries payable: (17,800/5)*2= 7,120 (credit) salaries expenses: 7,120 (debit)</span>
6 0
3 years ago
In making an overall assessment of a company's competitive strength, the answer to which questions are of particular interest?
user100 [1]
<span>To find overall assessment of company's strength below steps are followed: 1. Evaluating how well the strategy is working 2. Scanning the environment to determine a company's best and most profitable customers 3. Assessing whether the company's costs and prices are competitive 3. Evaluating whether the company is competitively stronger or weaker than key rivals 5. Pinpointing what strategic issues and problems merit front-burner management attention</span>
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2 years ago
Marc is 32 and married to Estella, who is 30. Estella is a stay-at-home mom to their two children, ages 1 and 4. They currently
astraxan [27]

Answer:

B. $1,015,500 on Marc ; $756,500 for Estella

Explanation:

Marc has current salary of $110,000 with which he runs the household expenses. If Marc dies then there should be more insurance coverage because he is the only person who earns in the house. Estella is a house wife and insurance coverage for her is lower than Marc because he will still be able to continue his earning.

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2 years ago
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