Business, 03.06.2021 01:40 tiaharris3191

While an exporter and distributor can agree on what the distributor can add for margin on the wholesale price of goods, in agency contracts: Group of answer choices

Answers: 1

Show answers

Answers

Answer from: christabell0303

The correct option is e. None of the above.

Explanation:

Note: This question is not complete as the answer choices are omitted. The complete question with the answer choices is therefore provided before answering the question as follows:

While an exporter and distributor can agree on what the distributor can add for margin on the wholesale price of goods, in agency contracts: Group of answer choices

a. commissions are limited to U.S.$ 1.2 million per quarter.

d. commissions are set by the UCC.

c. the commission is whatever the agent decides it should be.

b. the commission is limited to 12 percent.

e. None of the above

The explanation of the answer is now provided as follows:

An agency contract is a legal contract that establishes a fiduciary relationship between two parties, in which the first ("the principal") recognizes that the second ("the agent" ) bind the principal to later agreements entered into by the agent as if the principal had made the subsequent agreements himself.

An agent is a third party you hire to negotiate and, if necessary, close contracts with clients on your behalf so you can keep the contract. Agents are paid a commission on the sales they make, which is commonly calculated as a percentage.

Manufacturers and exporters of goods usually engage agents to promote sales on their behalf, both in the manufacturer's own nation and abroad. A formal agreement is frequently made that specifies the commission the agent will get, as well as the territory, duration, and other parameters under which the principal and agent will conduct business.

Therefore, the commission the agent will get is usually determined by the exporter and stated in the formal agreement the agent signed with the exporter.

Therefore, the correct option is e. None of the above.

Answer from: Quest

answer; /// i believe that the correct answer is (covenant;

Answer from: Quest

1. avoid them

2. a talk with them

3. ask someone you trust

4. ignore

5. call police

Another question on Business

Business, 22.06.2019 09:20

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.

Answers: 2

Answer

Business, 22.06.2019 20:10

Given the following information, calculate the savings ratio: liabilities = $25,000 liquid assets = $5,000 monthly credit payments = $800 monthly savings = $760 net worth = $75,000 current liabilities = $2,000 take-home pay = $2,300 gross income = $3,500 monthly expenses = $2,050 multiple choice 2.40% 3.06% 34.78% 33.79% 21.71%

Answers: 2

Answer

Business, 22.06.2019 21:00

Describe what fixed costs and marginal costs mean to a company.

Answers: 1

Answer

Business, 23.06.2019 02:30

Match each definition in column 1 with a vocabulary word from column 2." some of the entries in column 2 do not apply costs which do not change with the level of output costs which change with the level of output the change in total costs resulting from an increase in output by one unit function showing the quantities of a particular good demanded at a range of price when the quantity supplied of a good is greater than the quantity demanded when the quantity demanded for a particular good is greater than the quantity supplied the price and quantity determined in a market when the supply equals the demand when revenue exceeds costs when costs exceeds revenue output where revenue = costs

Answers: 1

Answer

You know the right answer?

While an exporter and distributor can agree on what the distributor can add for margin on the wholes...

Questions