Answer:
Ray is bound by the contract under law of agency.
Explanation:
Law of agency states that when a third party interacts with a representative of another party, any agreement that is made between them and the representative is binding on the other party.
When one is an agent of a company in this case Fests, she has implied authority to make an offer on behalf of Fests. The offer made is binding on Festa even though they did not authorise sale of the product for $500 less than their normal price.
Answer:
1)The variety of currencies in countries
2) Different numbers of people in countries
Explanation:
In the world, the best or almost perfect way for a country to measure economic prosperity or living standards is to calculation of GDP . While comparing the GDP of different nations or group of countries, two problems arise immediately.
1) The problem of different currencies because GDP of a country is calculates in its own currency, that's why the problem appears quickly; for instance, US uses USD; Most Western Europe countries use Euro as a currency; Japan uses yen; Mexicans use pesos. Therefore, when we need to compare GDP between two countries, we will urgently should do the conversion into a common currency one.
2) The problem of different numbers of people. So, the countries could have a very large number or absolutely diverse numbers of people and it will take the problem in. Though some countries have more people or citizens than others, but it does not mean purely higher GDP, therefore, whether we compare living standards across countries, we will have to divide GDP by population amount.
Answer: 4
Explanation:
Because you need to fill in the blank 4 is the blank.
Answer:
The correct option is "an understanding of the state of the economy".
Explanation:
An economic indicators can be described as macroeconomic data that are employed to assess health, state, or growth trends of the economy of a nation. They therefore provide a knowledge of the current status of the economy.
Examples of economic indicators are inflation rate, unemployment rate, gross domestic product (GDP), and among others.
Based on the explanation above, the correct option is "an understanding of the state of the economy". That is Economic indicators can help give us an understanding of the state of the economy.
Answer:
E is the correct option
Explanation:
Interactive marketing is one to one marketing practice which caters to individual customers. It involves marketing initiatives triggered by customer preference and behavior. It is different from the traditional methods which were campaign based. The customer-centric strategy and interactive marketing involve reacting to customer actions and by fulfilling their expectations. Different characteristics of interactive marketing are Storytelling, Layered information, Two-way interaction, etc.
