Shelby hired Lynn, an attorney, to represent her in an employment discrimination case. Lynn is an <u>fiduciary</u> who has a duty to act on behalf of Shelby.
A fiduciary is a person or organization which acts on behalf of another person or persons. Hence, they put their clients interests ahead of their own, with a duty to preserve good faith and trust. For instance, lawyers have a fiduciary duty to act in the best interest of their clients.
So Shelby hires Lynn, who is an attorney in order to represent her in an employment discrimination case. So Lynn act as an fiduciary who has a duty to act on behalf of Shelby and help her win the case.
Hence, a fiduciary is legally bound to put their client's best interests ahead of their own.
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Answer:
Professional price
Explanation:
Pricing is the process through which a business determines the amount of money that clients pay for its goods and services. In setting the price, a company considers its production cost, desired mark up, competitors price, among others.
A fee charged by a professional for their services is called the professional price. Lawyers, doctors, dentists and other individuals with specialized skills field charge a professional price. The costs of inputs may not influence the fee that they charge. Some professional bodies may regulate the price set by their members.
The expenditure approach to measuring U.S GDP equals <u>all expenditure on final goods and services produced in the united states in a given time period</u>
The Expenditure Approach is a way to estimate GDP that accounts for all economic expenditures, including net exports, government spending, investment, and consumer spending. To put it another way, this approach calculates how much our nation produces based on the premise that the total amount spent in a nation over a certain time period was equivalent to the value of the nation's finished goods and services.
As per expenditure approach the method used to measure and compute nominal GDP is the most popular. The expenditure method formula is computed by adding Net Exports, Government Spending, Investment, and Consumer Spending.
GDP = C + I + G + NX
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Answer: $66,150
Explanation:
The leadoff event is priced at $23 out of the $78 and the rest of the 5 events will be priced equally.
This means that after the first event, the other 5 will cumulatively be valued at;
= (78 - 23)/5
= $11
The other events are priced at $11 each.
For the first 3 events therefore;
First event = $23 and the other 2 events are $11 each;
= 23 + 11 + 11
= $45
Tickets sold are 1,470;
Revenue from first 3 = 45 * 1,470
= $66,150
Answer:
generally $1,000, but some policies can cover up to $1,250
Explanation:
Home insurance provides only very limited protection to boats or other watercraft that you might own. They are also very specific circumstances under which they will be covered and as long as it happens within your residence. In this case, since the boat trailer was stolen from your driveway you insurance policy will probably cover it, but the amount is relatively small. Most policies will cover only $1,000 and some might even cover up to $1,250, but generally the lesser amount is covered. If you own a boat it is usually recommended to get a boat insurance policy.