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olchik [2.2K]
3 years ago
6

Max has a written agency agreement with Rufus in which Max will receive all of the listings in the subdivision that Rufus purcha

sed (with Max’s representation) and is developing. One day when Rufus is visiting the site of the subdivision, a work truck accidentally runs him over and he's seriously injured. Rufus can no longer run the development of the subdivision. What happens to Max’s agency coupled with interest?
Business
1 answer:
disa [49]3 years ago
6 0

Answer: It's still in place because it doesn't terminate on the death or incompetence of the principal.

Explanation:

Agreement that exists between people are usually standing so long both parties are still alive, in most cases, the agreement may still stand with the death of one party, depending on what was written or agreed upon by both parties. The agreement between Maxwell and Rufus is still in place because it doesn't terminate on the death or incompetence of the principal.

The agreement would even stand even if one of the party ain't alive anymore.

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You are interested in purchasing a used car for $17,250. The dealer offers financing at a rate of 6.8% APR when the purchase is
Nastasia [14]

Answer:

<em>The monthly payments will be $353.12</em>

Explanation:

<u>Financing</u>

When a purchase is made at present value and the payment will be financed at a rate of interest i for n periods, the present value PV is

\displaystyle PV=R\cdot \frac{1-(1+i)^{-n}}{i}

where R is the regular payment (usually monthly).

Solving for R

\displaystyle R=PV\cdot \frac{i}{1-(1+i)^{-n}}

It's important to recall than only the unpaid amount goes financing, if some down-payment is made, it must be subtracted from the PV to be financed.

The present value of the car is 17,250 from which the buyer will make a 5%  down-payment. It means that the real financing amount is

PV=17,250\cdot 95\%=16,387.5

The rate of interest is

i=6.8\%=6.8/(12\cdot 100)=0.00567

It also follows that n=54.

Computing R

\displaystyle R=16,387.5\cdot \frac{0.00567}{1-(1+0.00567)^{-54}}

\boxed{R=\$353.12}

7 0
4 years ago
N the knowledge economy, if a large portion of company value is in intellectual and human assets, the difference between the mar
Stells [14]

It will be expected that the difference between a company's market value and book value should <u>be larger than</u> a company with mostly physical and financial assets if the large portion of company value is in intellectual and human assets.

<h3>What is an intellectual/human assets?</h3>

These are asset possessed by a firm that ranges from human capital, information capital, brand awareness, instructional capital etc.

These are assets that can be improved when a firm hires better employees, conduct training programs, develops new patents etc

In conclusion, since the large portion of company value is in intellectual and human assets, then, the market/book value would be larger than a company with mostly physical/financial assets.

Read more about assets

<em>brainly.com/question/25504767</em>

7 0
3 years ago
A proportion of membership of a group?
Alika [10]

What are the answers?

7 0
3 years ago
How does a strong economy affect the demand for goods and services
Brut [27]

Answer:

yes true ik it is i got it wrong when i said false

7 0
4 years ago
Read 2 more answers
The short-run effects of an increase in the expected price level include a. a lower level of output and a lower price level. b.
maria [59]

Answer: Option (b) is correct.

Explanation:

Correct option: A lower level of output and a higher price level.

If there is an increase in the expected price level, as a result short run aggregate supply curve shifts leftward. Therefore, this shift in aggregate supply curve will increase the price level and reduces the level of output in an economy. The long run supply curve will be unaffected by any change in the expected price level.

3 0
3 years ago
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