1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hram777 [196]
2 years ago
5

Consolidated Corporation,a U.S.firm,wishes to participate,but limit its involvement,in Middle Eastern markets.Consolidated empow

ers Doha Ltd. ,an Egyptian firm,to enter into contracts in certain countries on behalf of Consolidated.This is:________
A) a distribution agreement.
B) an agency relationship.
C) indirect exporting.
D) direct exporting.
Business
1 answer:
QveST [7]2 years ago
6 0

Answer:

B) an agency relationship.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

In this scenario, Consolidated (principal) empowers Doha Ltd., an Egyptian firm to enter into contracts in certain countries on behalf of Consolidated. Thus, this is an agency relationship.

An agency relationship can be defined as a mutual relationship existing between two parties, wherein a principal authorizes the agent to act as the principal's representative or on his behalf (fiduciary role) in dealing with third parties.

Basically, Consolidated is the principal based on the agency relationship while Doha Ltd. is considered to be an agent and as such is authorized or empowered to enter into contracts in certain countries on behalf of Consolidated.

You might be interested in
Tenant terrell and landlord lorna enter into a commercial agreement wherein terrell will lease a small office space in a strip m
krok68 [10]

After entering into a commercial lease agreement, the answer is since there is no right of first refusal, all Terrell can do is ask Lorna whether she will lease the adjoining space to him.

<h3><u>What is a commercial lease agreement?</u></h3>
  • A commercial lease is an agreement for the rental of property between a landlord and a company. Because renting costs less money than buying, most businesses will prefer to do so.
  • Because the terms are changeable and change significantly from lease to lease, commercial lease agreements are more difficult than residential leases.
  • Understanding the terms of the lease, which outline each party's obligations and rights, is crucial before signing a business lease.

Verify that the conditions of a commercial lease agreement will suit the demands of the company before signing. Unfavorable outcomes may result from failing to establish requirements before signing a lease.

Know more about commercial lease agreement with the help of the given link:

brainly.com/question/14479023

#SPJ4

6 0
2 years ago
Obeying the law is what kind of <br> Ethical Behavior
Lapatulllka [165]

Answer:

Basic level

Explanation:

Obeying the law is the basic demand of constitution of any country from its citizens. It is basically following the general rules of being the citizen of country.

Ethical behavior is about being morally right in your actions, it is no where defined properly what is ethical, sometimes even unethical behavior does not count in illegal behavior.

As for example if my colleague asks for a pen, and I do not help him, even though I have extra pen, is unethical behavior but it is not illegal.

But since it is unethical it is not correct morally, although all the legal actions are ethical.

4 0
3 years ago
Based on the spreadsheet below, which of the following is a true statement? a. The net cash flow is negative. b. The net cash fl
Afina-wow [57]

Answer:

c. The net cash flow is positive.

Explanation:

A net positive balance occurs when the total cash inflow exceeds total cash outflows.  Inflow is cash coming in, while outflow is cash leaving the business. In a business, sales represent cash inflows, while expenditure represents cash outflows.

In this case, the sales total to $1,600 while expenses are $1,490. The net cash flow is the difference between the inflows and the outflows. Here, the difference is a positive $110.

6 0
3 years ago
Read 2 more answers
Cabell Products is a division of a major corporation. Last year the division had total sales of $28,540,000, net operating incom
natulia [17]

Answer:

9.1%

Explanation:

With regards to the above, margin is computed as;

Margin = (Net operating income ÷ Sales) × 100

Given that:

Net operating income = $2,597,140

Sales = $28,540,000

Margin = ($2,597,140 ÷ $28,540,000) × 100

Margin = 9.1%

3 0
3 years ago
The national incident management system is
Mazyrski [523]
<span>The national incident management system is
                                                   Answer:</span>
<span>The National Incident Management System (NIMS) is a systematic, proactive approach to guide departments and agencies at all levels of government, nongovernmental organizations, and the private sector to work together seamlessly and manage incidents involving all threats and hazards.</span>
5 0
3 years ago
Other questions:
  • Barry has a successful methamphetamine laboratory. Producing methamphetamine is illegal under federal law. Is Barry required by
    11·1 answer
  • An office supply store can buy a desk for $300. If the store owner sells the desk for $450, what is the markup based on the sell
    8·2 answers
  • After the company has defined its channel​ objectives, it should next identify its major channel alternatives in terms of the ty
    8·1 answer
  • Mr. Hamid is running his small retail business under the name of Hamid Store. He has recently hired Mr. Imran as a junior accoun
    5·1 answer
  • After cost overruns of the electric project, $20 million was already spent and unrecoverable. it was going to cost $12 million m
    9·1 answer
  • The management of Bonga Corporation is considering dropping product D74F. Data from the company's accounting system for this pro
    8·1 answer
  • Comet Company accumulated the following account information for the year:
    11·1 answer
  • Zurasky Corporation is considering two alternatives: A and B. Costs associated with the alternatives are listed below: Alternati
    10·1 answer
  • One bag of flour is sold for $1.00 to a bakery, which uses the flour to bake bread that is sold for $3.00 to consumers. A second
    15·1 answer
  • The following information relates to the only product sold by Mastrolia Manufacturing. Sales price per unit $ 45 Variable cost p
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!