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sdas [7]
3 years ago
6

Which professionals do not need to be licensed to engage in legal and enforceable contracts?

Business
1 answer:
erastova [34]3 years ago
6 0
<span>An attorney does not have to be licensed in order to enter into contracts. While they may represent parties of a contract, may draft a contract, may facilitate and coordinate a contract as well as execute contracts on behalf of a party involved under their license, the license is not a requirement or restriction that has any influence on their ability to form a contractual agreement- only meeting other requirements such as legal age and mental capacity.</span>
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vichka [17]

Answer:

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6 0
2 years ago
Wendy, a graphic designer, does not work for one particular company. She gets assignments and contracts from different companies
zalisa [80]

Answer:

Contingent workers

Explanation:

Contingent workers are people hired to do a specific assignment in an organization. They consist of independent workers, freelancers, consultants, out-sourced employees, and other non-permanent workers who are hired on per job basis. Contingent workers are not considered employees of the organization.

Contingent workers are usually highly skilled, unlike most of the temporary workers. They are hired to work on specific tasks in their areas of specialization. Contingent workers exit a company after their task is completed. They may be re-hired by the same company or any other institution. For example, a tax consultant may be contacted to do tax calculations in a company. Once the assignment is over, they get paid and leave the organization.

6 0
4 years ago
Assume the U.S. one-year interest rate is 8 percent, and the British one-year interest rate is 6 percent. The one-year forward r
NNADVOKAT [17]

Answer:

d. about 11.4 percent

Explanation:

% change in pound = ($2.05 - $1.95)/$1.95

                                 = 5.1%

Effective financing rate = (1 + 6%)(1 + 5.1%) - 1

                                       = 11.4%

Therefore, The effective financing rate for a U.S. firm that takes out a one-year, uncovered British loan is about 11.4 percent.

8 0
3 years ago
Assume the current U.S. dollar-yen spot rate is 90 ¥/$. Further, the current nominal 180-day rate of return in Japan is 1% (annu
Citrus2011 [14]

Answer:

Explanation:

Forward excahnge rate/spot exchange rate = (1+rh)/(1+rf)

rh - periodic interest rate in the home currency

rf - periodic interest rate in the foreign currency

Forward/90 = [1+1%*180/360]/[1+2%*180/360]

Forward = 1.005/1.01 * 90 = 89.55

Forward rate is 89.55 yen/$

3 0
3 years ago
__________ is the process of by which companies create value for customers and society, resulting in strong customer relationshi
timama [110]
The answer is marketing
8 0
4 years ago
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