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trasher [3.6K]
3 years ago
13

Rodeo ranch's agent slim is authorized to draw checks on rodeo ranch's account in town bank. upper range corporation is a rodeo

ranch supplier. slim writes a check "pay to the order of upper range [signed] slim," indorses the check in upper range's name, and deposits it in his account in verity bank. if verity bank collects payment, the ultimate party most likely to suffer the loss i
Business
1 answer:
swat323 years ago
5 0
<span>The party most likely to suffer the loss is Rodeo Ranch. In agency law, an agent can be authorized to enter into contracts with third parties on behalf of the principal party. Here, Rodeo Ranch is the principal, and Slim is the agent of Rodeo Ranch. Slim has entered into a contract with a third party (Upper Range) on behalf of Rodeo Ranch, which makes Rodeo Ranch liable.</span>
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I believe the answer is: The employees can use sign language to communicate with Matt.


From the options above, using sign language would be the most efficient to eliminate barrier of interaction between matt and the rest of the employees.

Using sign language not only allow matt to do his part job wise but it also make him feel included within the social circle at the work place.

5 0
3 years ago
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In preparing a responsibility income statement that shows contribution margin and responsibility margin, two concepts are involv
Ivenika [448]

Answer: Whether the costs are variable or fixed and whether they are directly traceable to the responsibility center.

Explanation:

The Responsibility Income Statement is one where the different centers in a business have their own sub income statement so that the activities of each center and their profitability is measured and monitored.

In this statement, costs are classified as Variable and Fixed so it is important that it is known whether the costs are variable or fixed.

As the statements are per center, the costs in them would have to be only those that are directly traceable to that center so that a truer reflection of the statements can be seen.

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3 years ago
These degrees are offered by state universities and private colleges/universities and include Masters and Doctoral degrees.
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3 0
3 years ago
indicators that the local currency is also the functional currency include all of the following except:
Alchen [17]

Indicators that the local currency is also the functional currency include all of the following except the parent typically provides the financing or provides a guarantee.

A functional currency is one that is utilized in the main economic setting in which a company conducts business. This is the setting in which an entity generates and spends money most frequently. When defining the functional currency of an entity, the following key considerations should be taken into account:

The principal currency influencing retail prices (usually the currency in which prices are denominated and settled).

The money of the nation whose laws and competition have the biggest impact on retail pricing.

The principal currency affecting labor expenses and other costs of goods sold (usually the currency in which prices are denominated and settled).

The currency in which an entity keeps its operating receipts and the currency in which debt and equity instruments are issued are less important deciding factors.

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6 0
1 year ago
A company produces a single product. Variable production costs are $13.20 per unit and variable selling and administrative expen
Alex Ar [27]

Answer:

the ending inventory is $13,200

Explanation:

The computation of the dollar value of the ending inventory under variable costing is shown below:

= Variable production cost per unit × difference in units

= $13.20 per unit × (5,200 units - 4,200 units)

= $13.20 per unit × 1,000 units

= $13,200

hence, the ending inventory is $13,200

5 0
2 years ago
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