Answer:
when the shareholders hire a manager to run their company.
Explanation:
An agency relationship in corporate finance is a situation whereby a party known as an agent is hired by another party which is the principal, to perform certain functions or services. Based on this question, the share holders are known as the principal while the manager act as the agent. The relationship is formed after the agent has agreed that he or she will represent the principal
Answer:
Condominium Cleaning
The creditor is entitled to recover:
= $1,350.
Explanation:
a) Data and Calculations:
Contract price agreed between condominium cleaner and owner = $1,500
Cost of cleaning the oven that was not done by the cleaner = $150
Creditor's claim from the contract price = Contract price minus cost of cleaning the oven
= $1,350 ($1,500 - $150)
b) This means that the creditor will recover less than the contract price because of the oven that was left uncleaned. Since the cost of hiring a substitute to clean the oven is $150, this amount will be deducted from the contract price, and then, the creditor can recover the balance.
Answer:
Sell now, the company will be better off by $25,200
Explanation:
The effect of the action of shown below:-
Profits if sold now = Product Pound A × Sold pound
= 36,000 pounds × $8
= $288,000
If processed further Profits
= (36,000 x $14) - $241,200
= $262,800
Selling product A now = Profits if sold now - Further Profits
= $288,000 - $262,800
= $25,200
Answer: D. There was a one-way flow of wealth favoring the colonizers.
Explanation:
With the Colonists simply taking resources and not paying the colonies for it, there was a one way flow of wealth which favored them alone. Had the colonists paid for the goods and then processed them for resale (as developed countries do now), there would have been at least some sort of wealth flowing back to the colonies for the resources they possessed. The Colonists were essentially not paying for raw material inputs for production and simply reaped all the benefits after processing.
Statement: <span>"a promise to your mother to refrain from going to bed later than 11:00 p.m. on a school night
</span>The type of consideration: <span>A benefit to the promisor
Promisor is the person who makes a promise. A person promises to refrain to not got to the bed later than 11:00 pm at school night is for the long term benefit of the person who is making the and not who is asking for the promise.</span>
