Randy, an agent for Retail Empire Inc., has been authorized to purchase parcels of land to further the company's real estate development business. Randy closes a deal with a seller on a two-acre lot in town. He signs a contract with his name and the notation "agent for Retail Empire Inc." The company later directs Randy to pull out of the deal and breach the contract.
Is Randy personally liable for the contract?
a.)No, because it was clear that he was signing the contract as an agent.
b.)Yes, because agents are always liable for contracts they sign.
c.)Yes, because the principal was undisclosed.
d.)No, because the company directed him to breach the contract.
Answers
Randy, acting as an agent for Retail Empire Inc., signed a contract for the purchase of a two-acre lot. The correct option is a.
The correct answer is option (a) - No, because it was clear that he was signing the contract as an agent. When Randy signed the contract, he explicitly indicated his role as an agent for Retail Empire Inc. by including the notation "agent for Retail Empire Inc." This notation serves as a clear indication that Randy was acting on behalf of the company and not in his personal capacity. As a result, Randy is shielded from personal liability for the contract.
In general, an agent acts on behalf of a principal, and the principal is responsible for the actions and obligations of the agent within the scope of their authority. Since Randy's agency relationship with Retail Empire Inc. was disclosed through his notation on the contract, it is the company that would bear the legal consequences of breaching the contract. Randy was merely carrying out the instructions given to him by his principal, and he should not be held personally liable for the breach.
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Related Questions
.....Water from the Mississippi river is an example ofA. static resource.B. a renewable natural resource.C. a nonrenewable natural resource.D. capital.
Answers
Water from the Mississippi river is an example of a renewable natural resource. It is considered renewable because it is replenished by rainfall and other sources of precipitation, and the river's flow is sustained by a combination of natural forces such as gravity, evaporation, and precipitation.
This means that, as long as these natural processes continue, the Mississippi river will continue to provide water as a resource.
Renewable natural resources are those that can be replenished over time, either through natural processes or through human management practices. They include things like forests, fish populations, and groundwater.
Unlike nonrenewable natural resources, such as fossil fuels, which are finite and will eventually run out, renewable resources can be managed sustainably, allowing us to use them while ensuring their availability for future generations.
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.3. One day you happen to hear a snippet of conversation between two graduate students, who are drinking coffee and contemplating an open box of exquisitely delicious chocolate truffles in the Page Break Café. The first student opines that one can definitely outline a set of objective design principles that should underpin the construction of any professional chart or map. The second student disagrees vehemently and argues that the one and only important thing to worry about is aesthetics. The first student is speechless. What do you think? Use your knowledge of data visualization to inform your answer, and be sure to explain your answer carefully.
Answers
The debate between the two graduate students revolves around the importance of objective design principles versus aesthetics in the construction of professional charts or maps.
Objective design principles in data visualization serve as guidelines to ensure clarity, accuracy, and effective communication of information. These principles include considerations such as appropriate use of colors, legibility of text, proper labeling, and accurate representation of data. By adhering to these principles, charts and maps can convey the intended message clearly, facilitating data comprehension and analysis.
However, aesthetics cannot be disregarded. Visual appeal and aesthetics contribute to the overall user experience and can enhance engagement with the data. An aesthetically pleasing chart or map can captivate the viewer's attention, stimulate interest, and encourage exploration of the data. Attention to aesthetics involves aspects such as visual balance, appropriate use of visuals and typography, and overall design coherence.
Both objective design principles and aesthetics are important in data visualization because they serve different purposes. Objective design principles ensure accuracy and effective communication, while aesthetics enhance engagement and user experience. Striking a balance between these two aspects is crucial to create visually appealing and informative visualizations that effectively convey the intended message while engaging the audience.
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A process cost system would be used for all of the following products except...
answer choices
A) chemicals
B) computer chips
C) soft drinks
D) motion pictures
Answers
What economic concept is applied in this statement?
By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others.
A.
equilibrium
B.
law of demand
C.
law of supply
D.
negative externality
E.
positive externality
Reset Next
Answers
By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. The economic concept which is applied in this statement is a positive externality.
What are skills?Skills refer a set of qualities or abilities an individual carries in order to complete the task. These skills represent the expertise of any individual in terms of knowledge and talents.
When these skills are learned along with the higher level of education it creates an add-on for the career. These skills include communication skills, problem-solving skills, critical thinking, leadership qualities, and so on.
Therefore, option E positive externality is the correct option for the given statement.
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An example of a lifecycle fund is a fund that
Initially invests in conservative securities, then changes to invest in more risk-oriented securities as time goes by.
Has principal protection as its main objective.
Assists investors with planning for retirement by a specific date.
None of these is an example of a lifecycle fund.
Invests in shares of other mutual funds in order to increase diversification and asset allocation.
Answers
An example of a lifecycle fund is a fund that Initially invests in conservative securities, then changes to invest in more risk-oriented securities as time goes by.
A lifetime fund is a comprehensive investing choice that provides you with a diverse portfolio with just an asset allocation tailored to the year you anticipate retiring. The majority of lifecycle funds employ the "fund of funds" concept, which involves investing in other mutual funds.
Although the risk varies by the fund, target date or lifecycle investments can be thought of as low-risk investments. Any stock market investment carries some risk. The funds' ability to generate large returns by the target date is not guaranteed.
For instance, a life-cycle plan with the number "2050" in its name presumes that the investor intends to retire around that time. Over time, the fund's assets will gradually move toward investments that are more conservative.
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What are Logistics careers?
Answers
There are four steps in solving one's personal financial challenges:
1. considering opportunity costs
2. assessing risks and returns
3. setting short- and long-term goals
4. assessing needs and wants
Which of these is the correct order of these steps?
a) 2, 3, 1, 4
b) 1, 2, 3, 4
c) 4, 1, 2, 3
d) 3.1, 4, 2
Answers
Explanation:
Answer is C
4123
4. assessing needs and wants
1. considering opportunity costs
2. assessing risks and returns
3. setting short- and long-term goals
___ 10. Audit procedures include direct evidence such as documentation and client interviews, but not any theoretical or computational analysis. ___ 11. Comparison of the client's balance sheet or income statement with industry averages isn't a basis for identifying audit risks. ___ 12. Evidence of fair values may be obtained in a confidential questionnaire to employees. ___ 13. If a company leases its premises from the CEO's wife's uncle, this does not need to be disclosed. ___ 14. Working papers derived from client information belong to the Board of Directors.
Answers
11. Comparison of the client's balance sheet or income statement with industry averages isn't a basis for identifying audit risks.
This statement is false. Comparison of the client's financial statements with industry averages can be a basis for identifying audit risks. This information can assist in assessing the client's risk of misstatement and determining areas that require further audit scrutiny.
10. Audit procedures include direct evidence such as documentation and client interviews, but not any theoretical or computational analysis.
This statement is false. Audit procedures can include both direct evidence, such as documentation and client interviews, as well as theoretical or computational analysis.
12. Evidence of fair values may be obtained in a confidential questionnaire to employees.
This statement is true. Evidence of fair values can be obtained through various methods, and one approach is the use of confidential questionnaires to employees.
13. If a company leases its premises from the CEO's wife's uncle, this does not need to be disclosed.
This statement is false. Transactions with related parties, such as leasing premises from the CEO's wife's uncle, typically need to be disclosed in the company's financial statements.
14. Working papers derived from client information belong to the Board of Directors.
This statement is false. Working papers are the property of the auditing firm, not the Board of Directors. Working papers include the documentation and records maintained by auditors during the course of an audit.
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what happens to employment and wages in maxistan if the preference for leisure increases at the same time worker productivity decreases? choose 1 answer:
Answers
Based on business management, and the situation described, following the employment and wages in maxistan if the preference for leisure increases at the same time worker productivity decreases, the employment decreases.
What is the effect of Leisure and productivity on employmentBased on research analysis, it has been observed that when leisure time reaches the optimal level, leisure has a compensatory effect on work and can positively influence labor productivity.
However, the researchers concluded that when leisure time exceeds the optimal value, leisure has a substitution effect on work and can negatively influence labor productivity.
Thereby, this implies that when leisure increases, productivity decreases.
As there is less production and more leisure, the expected outcome is for employment opportunities to decrease, as there would be no need to recruit more.
Hence, in this case, it is concluded that the correct answer to the Maxistan scenario is that there would be a decrease in employment.
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ca
‼️‼️ HELP. 15. Bill and Mary Randall deposited their paychecks for $611.33 and
56 $701.45 and a check from their insurance company for $75.25. They
received $150 in cash. What was their total deposit?
Answers
Answer:
$1, 238.03
Explanation:
The total deposit will be composed of
1. Pay checks $611.33 + $701.45 = $1,312. 78
2. Plus Insurance check
= $1,312. 78 + $75.25
=$1,388. 03
3. Minus cash received
= $1,388. 03 - $150
=$1, 238.03
When a user is entering data on a form, they would use which view?
Answers
Answer:
Form view
Explanation:
Form view can be regarded as screen display which is used to show one item or record that is been arranged like a preprinted form. FormView control helps in displaying a single record from a data source. A form can be regarded as database object which is used when entering, editing, or displaying data from a table or a query. It should be noted that When a user is entering data on a form, they would use Form view
the height of a demand curve measures the responses a value that a consumer is willing to pay for a good.value that a consumer is willing to pay for a good. b price that a producer wishes to charge for a good.price that a producer wishes to charge for a good. c price that a consumer is willing to pay for a quantity of goods.price that a consumer is willing to pay for a quantity of goods. d minimum value that consumers consider about a good.
Answers
The height of a demand curve measures the price that a consumer is willing to pay for a quantity of goods.
The level of an interest bend estimates the value that a customer will pay for an amount of products. It addresses the greatest worth a customer puts on a decent or administration at a given moment. As the cost of a decent builds, the amount requested regularly diminishes, as well as the other way around.
This converse relationship is caught by the descending slant of the interest bend. The level of the interest bend mirrors the sum that a buyer esteems a decent or administration, and can be impacted by variables like pay, tastes and inclinations, accessibility of substitutes, and market patterns.
Understanding the level of the interest bend is significant for organizations hoping to set ideal costs and amplify benefits.
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The complete question is:
What does the height of a demand curve measure? Is it:
a) the value that a consumer is willing to pay for a good?
b) the price that a producer wishes to charge for a good?
c) the price that a consumer is willing to pay for a quantity of goods?
d) the minimum value that consumers consider about a good? Why is understanding the height of the demand curve important for businesses?
Analysis reveals that a company had a net increase in cash of $20,000 for the current year. Net cash provided by operating activities was $18,000; net cash used in investing activities was $10,000 and net cash provided by financing activities was $12,000. If the year-end cash balance is $24,000, the beginning cash balance was:
Answers
The beginning cash balance of a company for the condition as given above will be around $4,000 for the current year.
What is cash balance?The amount of cash available in the balance sheet of the company during a given period is known as the cash balance of the company. The balance at the start of the current year is known as beginning cash balance.
Using the formula and the given information, the beginning cash balance can be computed as,
Beginning Cash Balance = Year end Cash Balance – Net Increase
Beginning Cash Balance = $(24,000-20,000)= $4,000
Hence, option A holds true regarding the beginning cash balance. The complete question has been added in the image for better reference.
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Supply chain management is a key means of differentiation for a firm and a critical component in marketing and corporate strategy.
a. True
b. False
Answers
Price falls from $6.50 to $6.00. Quantity demanded increases from 100 to 200.
What is the new total revenue?
a) $1650
b) $1200
c) $12.50
d) $300
Question 7.12 points)
Answers
Answer:
1200
Explanation:
Well the question is not completely correct I mean what was the price of the product. What percentage of markup do the store have but anyway you said 6 usd for one and 200 sold
200*6=1200
Do you spill the tea or can you keep a secret ?
Answers
Answer:
The phrase "spill the tea," used as an encouragement to gossip, has been used in everything from Harlequin romance novels to "RuPaul's Drag Race"; "no tea, no shade" has been featured in explainers on black gay slang; comedian Larry Wilmore used "weak tea" regularly on his 2015-16 Comedy Central show in response to
The expression "Do you spill the tea or can you keep a secret ?" simply means do you gossip or keep secrets
However, the expression " do you spill the tea describe a condition or situation where one gossip about other people's personal matter.
This goes to say that an individual belongs to any of these two categories:
One who shares people's personal issue with others by gossipingOne who has a closes his/her bucal cavity and does not talk any how. That is; someone who keeps secrets wellWhat is gossiping?This simply means the act of sharing, talking and repeating rumors and personal stories of people to other people
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analyse the impact of an enterprise using break even analysis to make business decisions
Answers
Answer:
Using break-even analysis in your feed and grain business can help you understand and examine the profit drivers of your business. It is a very useful tool that can help you understand how much you need to sell to cover your costs and how pricing, cost, and volume changes impact these needed sales.
In Country A, the State controls ALL the factors of production. Country A could be described as a country that is operating within a:
A. free market economic system
B. laissez-faire economic system
C. mixed economic system
D. planned economic system
Answers
In a communist economic system, all factors of production are controlled by the government. The Planned economic system most similarly embodies that same economic system.
Your social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly
target 250,000 users with an estimated click rate of 1%. Which will get more clicks?
Answers
Answer:
Narrow targeting
Explanation:
1% of 250,000 is 2,500
10% of 50,000 is 5,000
A social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly target 250,000 users with an estimated click rate of 1%. The narrowly target is the best way.
What is social media?Social media is a term used to describe online communication. Social media systems enable users to have discussions, exchange information, and create content for the internet. Social media mostly used in the youth. The social media are to share the information quickly.
The social media promotion is the part of the marketing. The narrowly target is the specific niche of consumers is the target market on the right time to the right audience. The broadly target to the cover the large level of the audience. The narrowly target is the best option in the social media promotion.
The calculation are:
1% of 250,000 is 2,50010% of 50,000 is 5,000As a result, the significance of the social media are the aforementioned.
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Banks that practice fractional reserve banking are able to:
A. change the interest rates on loans for any reason.
B. provide financial services to customers at no cost.
C. lend most of the money they hold as deposits.
D. return all of their deposited cash at any time.
Answers
Answer:
C. lend most of the money they hold as deposits.
Explanation:
Banks that practice fractional reserve banking are able to lend most of the money they hold as deposits.
Fractional reserve banking is a banking system in which banks are required to hold only a fraction of the money deposited by customers in reserve while lending out the remaining amount to earn interest. The fraction of deposits that banks are required to hold in reserve is typically set by central banks or regulatory authorities.
This means that banks are able to lend out most of the money they hold as deposits, while still maintaining enough reserves to meet their obligations to depositors. This practice allows banks to earn interest on loans and generate profits, while also providing a source of credit for borrowers who need it.
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An importer has requested a bank to issue a letter of credit. Once the goods have shipped, the importer learns they will be unsatisfactory and gives the bank instructions not to pay. The bank must follow these instructions.
a.
True
b.
False
Answers
The statement "Once the goods have shipped, the importer learns they will be unsatisfactory and gives the bank instructions not to pay. The bank must follow these instructions" is True.
What is a letter of credit?
A letter of credit is a legal contract between a bank and a customer. The agreement guarantees that the financial institution will pay a specific sum of money to the seller if the purchaser defaults on a transaction.
When an importer requests a bank to issue a letter of credit, the bank acts as an intermediary and provides a guarantee of payment to the exporter. However, if the importer learns that the goods are unsatisfactory or there are other valid reasons for not making the payment, they can provide instructions to the bank to stop the payment. The bank is obligated to follow the importer's instructions and not make the payment to the exporter in such cases.
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our self-talk consists of words pictures and emotions. as we imprint our affirmations we
Answers
Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.
What are the four categories of self-talk?Your inner discourse is known as self-talk.
Personalizing. You own all of the guilt for yourself.
Magnifying.
Catastrophizing.
Polarizing.
What are the five tiers of one's own self-talk?Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.
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In class, Marcus is skilled at picking up main ideas and important details from his teachers' lectures. What is this called?
Answers
Answer:
This would observation, which is something most readers should be able to do
Explanation:
Online Analytical Processing is the foundation of the ________ module in ERP.
A) e-Commerce
B) business intelligence
C) performance management
D) project management
Answers
Online Analytical Processing is the foundation of the Business intelligence module in ERP.
Online Analytical Processing (OLAP) is a key component of the Business Intelligence (BI) module in Enterprise Resource Planning (ERP) systems. OLAP is a data analysis technique used in BI to help users quickly and easily gain insights into large sets of data. OLAP provides multidimensional views of data that allow users to slice and dice information in various ways to analyze it from different perspectives.
The BI module in ERP is designed to help organizations make better-informed business decisions by providing real-time access to accurate and relevant data. This module includes various tools and techniques for data analysis, reporting, and visualization, including OLAP, data mining, dashboards, and scorecards.
Here is a step-by-step explanation:
1. ERP stands for Enterprise Resource Planning, which is a system that integrates various functions within a business into a single, unified platform.
2. Online Analytical Processing (OLAP) is a technology used for analyzing multidimensional data in a fast and efficient manner.
3. Business intelligence (BI) is the process of analyzing, visualizing, and reporting on a company's data to make better-informed decisions.
4. In the context of ERP, the business intelligence module incorporates OLAP to enable efficient data analysis, helping businesses make strategic decisions based on insights from their data.
So, the correct answer is B) business intelligence, as OLAP is the foundation of this module in an ERP system.
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What is fiat money and why does it have value?
Answers
anybody got food stamps
Answers
Answer: yeah, I do. Also, Happy holidays! or in Hawaiian we say Mele Kalikimaka which means Merry Christmas! I'm part Hawaiian.
example of updates of the outputs of the plan risk responses
Answers
The outputs of the plan risk responses process in project management include a risk management plan, a risk register, risk response strategies, and a risk owner assignment. These outputs are subject to updates as the project progresses and new risks emerge or existing risks change.
Here are some examples of updates to the outputs of the plan risk management plan:
Risk register: As new risks are identified during project execution, they must be added to the risk register. Conversely, risks that have been mitigated or avoided can be removed from the risk register. The probability and impact of existing risks may also change, requiring updates to the risk register.Risk response strategies: The effectiveness of risk response strategies may need to be reevaluated as the project progresses. For example, a risk that was originally planned to be avoided may become unavoidable due to changes in project scope or resources. In such a case, the risk response strategy would need to be updated to reflect a new approach, such as risk mitigation or transfer.Risk management plan: The risk management plan may need to be updated to reflect changes in project scope or objectives. For example, if the project timeline is extended, the risk management plan may need to be updated to include additional risk response strategies or contingency plans.By updating the outputs of the plan risk responses process as needed, project managers can ensure that the project remains on track and that risks are effectively managed throughout the project lifecycle.
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The type of cover letter written to inquire about possible job openings: a. Networking letter b. Prospecting letter c. Application letter d. Follow up letter Please select the best answer from the choices provided A B C D
Answers
The type of cover letter written to inquire about possible job openings: b. Prospecting letter.
What is prospecting letter?Prospecting letter can be defined as the type of cover letter writing by a prospective applicant to a company or human resources manager so as to inquire about a job opening.
The applicant tend to include the the following in the cover letter:
QualificationSkillsExperience Why he/her is suitable for the job and what he/she can offerWhy the applicant should be invited for an interview Why he/her should be given the jobInconclusion the type of cover letter written to inquire about possible job openings: b. Prospecting letter.
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Answer:
b.
Prospecting letter
Explanation:
i took the test
Which of the following is true of Holden Outerwear? a. It takes its fashion cues from other outerwear brands. b. It is known for its consistent design over the years. c. It pushes the style aspect of technical outerwear. d. It keeps its outerwear functional rather than stylish.
Answers
The statement that is true for Holden Outerwear is it pushes the style aspect of technical outerwear, option c.
Holden Outerwear is known for combining technical functionality with stylish design in their outerwear products. They prioritize the style aspect of their technical outerwear, offering fashionable and trendy options that cater to the needs of outdoor enthusiasts and fashion-conscious individuals alike. Holden Outerwear's focus is on creating outerwear that not only performs well in various weather conditions but also stands out in terms of aesthetics. They strive to offer a balance between functionality and style, making their brand popular among those who seek both performance and fashion in their outdoor clothing.
Therefore, the correct option is c. It pushes the style aspect of technical outerwear.
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During a recession, unemployment compensation payments increase without the need for any government action. This increase is an example of.
Answers
This increase is an example of the automatic fiscal policy.
What is a fiscal policy?Fiscal policy, in economics and political science, refers to the use of taxation and spending to affect a nation's economy. In response to the 1930s Great Depression, which rendered the previous laissez-faire approach to economic management unworkable, the use of government revenue expenditures to affect macroeconomic variables emerged. John Maynard Keynes, a British economist, developed the Keynesian school of economics, which postulates that changes in government spending and taxation levels have an impact on aggregate demand and the level of economic activity. This is the foundation upon which fiscal policy is based. The main tools the government and central bank of a nation use to further their economic goals are fiscal and monetary policy.
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