Answer:
<em>Who is the principal?
</em>
<u><em>Mario Sclafani</em></u>
<em>Who is the agent?
</em>
<em><u>The office worker</u></em>
Explanation:
Sclafani is a disclosed administrator. <em>Principals are responsible for agreements entered into by an agent when the principal approved the contract.</em>
Whenever a third party, Felix in this scenario, signs a contract with a disclosed source, Sclafani in this case, who is responsible for the contract.
Answer:
Public appearance.
Explanation:
In this scenario, a representative is hosting 20 wealthy guests at a dinner seminar at a Michelin star-rated restaurant, and when coffee and dessert are being served, she intends to give a small talk about the potential benefits of investing in hedge funds. This is defined by FINRA as public appearance.
According to Financial Industry Regulatory Authority (FINRA), a public appearance can be defined as an unscripted, spontaneous live presentation to a group of people comprising of potential investors. A public appearance do not require a principal approval and are not bonded by the FINRA rules and regulations.
Answer:
C) Tangibles
Explanation:
The five variables of service quality are:
-
tangibles
- reliability
- responsiveness
- assurance
- empathy
The tangibles variable basically refers to the physical environment, the facilities, equipment, staff and other communication materials displayed by the store or restaurant.
Answer:
Misstatement of age
Explanation:
Based on the information provided within this question it can be said that the term that describes what is happening in this situation would be Misstatement of Age. Like mentioned in the question this is a provision in many life insurance policies which adjusts the individuals premium to the actual price based on their age if there was an error with the individuals age in the policy. Which is exactly what has happened to Lisa Smith.
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Answer:
A) $63.00
Explanation:
To find the current price of Buckeye Corporation's stock we can use the growth perpetuity formula:
current price of stock = current dividend / (required rate of return - dividend growth rate)
current price of stock = $3.15 / (13% - 8%) = $3.15 / 5% = $63
