There are numerous reasons why it is a good idea to know the engine size of a vehicle. The size of an engine will let a driver know the horespower that the car has. It will also let the person know how much fluids are needed in the car such as oil, transmission fluid, radiator fluid, etc. The size of the engine is also needed when a person goes to buy a battery for the car. The size of the engine is also needed when you go and buy parts for the car.
Answer:
may be estopped from denying that Glynis had authority.
Explanation:
In this case, Glynis apparently had the authority to collect Esteban's money, since his conduct made other people believe that.
Apparent authority is defined as a situation where a reasonable person (Floyd) will believe that the agent (Glynis) has authority to act on behalf of the principal (Esteban). If such a situation exists, then the principal is bound by the agent's actions.
Answer:
Operating income variance= $10,000
The increase in advertising will have a positive effect on operating income.
Explanation:
Giving the following information:
Per Unit Percent of Sales Selling price $ 150 100 % Variable expenses 60 40 % Contribution margin $ 90 60 % The company is currently selling 7,000 units per month. Fixed expenses are $209,000 per month. The marketing manager believes that a $7,100 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales.
Price= $150
Contribution margin= $90
Operating income variance= (contribution margin* units) - increase in costs
Operating income variance= (190*90)- 7100= $10,000
The increase in advertising will have a positive effect on operating income.
Answer:
C. Whoever is named in her durable power of attorney
Explanation:
A Durable Power of Attorney can be used to allow another person to sign contracts, pay bills and take care of the banking on behalf of Ingrid. The Durable Power of Attorney remains effective even in circumstances when Ingrid becomes incapacitated. However, Ingrid needs to be mentally competent by the time of signing the Durable Power of Attorney.
Answer:
A. To reward creative and innovative individuals
Explanation:
A patent is a record of intellectual and scientific activity on the outcome of an experiment that will benefit society as a whole. For example, when a company creates a new medicine, it is entitled to a patent. This ensures that only she can market that medicine for a certain number of years. A patent is a form of stimulating research and innovation, as it guarantees the owner the rights to market. If this were not protected, there would be no incentive to develop new components as everything could be quickly copied by other companies, which would be unfair to those who struggled to create the product.