Answer:
<h3>both Jan and Duncan are liable on the contract for the purchase of land.
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Explanation:
- A contract can be signed by an agent on behalf of an authority if the intended nature of the contract remain the same.
- This type of contract signing usually takes in the corporate sector where the head of a firm may hire an agent to sign contracts on behalf of the firm.
- When contracts are signed by an agent on behalf of the employer, both the agent and the employer becomes liable to the contract as agents represent the principal/employer.
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Dependency ratio is a measure of the number of dependents aged zero to 14 and over the of 65, compared with the total population aged 15 to 64
Over the past 20 years, many facets of the hotel industry have shifted to adapt to new technology and changing consumer behavior, which have in turn changed how hoteliers conduct business.
“The lodging industry has changed in several key areas over the past decades and many of these changes have helped hoteliers to enhance their products, attract more guests and create opportunities for expansion,” said Chip Rogers, president and CEO of the Asian American Hotel Owners Association.
However, those changes have also had an impact on the bottom line, which Rogers said has become more difficult to attain and has diminished over time.
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