Answered: Julio hired Tim to sell his house.… | bartleby

Related questions

Question

Julio hired Tim to sell his house. Which of the following statements is correct?
Julio is Tim's principal.
Shm
Tim, but not Julio, can terminate the agency relationship.
Julio, but not Tim, can terminate the agency relationship.
Tim is Julio's principal.

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 4 steps

SEE SOLUTION Check out a sample Q&A here

Blurred answer

Similar questions

SMALL (08/20) 1. (a), (b), (c), or (d)? According to Michael Huemer, the prima facie right to immigrate to the United States is… (a) neutralized (b) overridden (c) neither neutralized nor overridden (d) both neutralized and overridden. 2. (a) or (b)? Ronald Cordero’s proposal is to… (a) impose a constraint on the labor market (b) remove a constraint on the labor market. Again, (a) or (b)? Cordero’s argument is (a) a moral one, to do with fairness (b) an economical one, to do with efficiency. 3. (a) or (b)? Michael Sandel’s “corruption” objection to certain markets is based on worries about (a) bribery (b) degradation.
Recording Under an Accident and Health policy, which of the following persons has the right to change the beneficiary? O A. Applicant Insured O B. O C. O D. Beneficiary Policyowner Chat Whiteboard Code 372-256-906
Q1. To prevail in an action brought under common law, the plaintiff must show all of the following except: (in your response, explain the burdens of proof for a third-party plaintiff under common law). Q2. Kerry CPA is the auditor for Sammy Corp. During the audit, Kerry discovers a material misstatement in Sammy's financial statements. Sammy's management tells Kerry that if the misstatement is corrected or if Kerry issues an opinion that indicates there is a material misstatement, Sammy Corp. will likely have to declare bankruptcy and thousands of employees will lose their jobs. Which of the following statements is true if the misstatement is not corrected and Kerry issues an unqualified opinion on Sammy's financial statements? (in your response, identify the court case that makes Kerry liable to any person who suffered a loss as a result of the fraud).
If the directors of a company make a decision, which later on proves not to be a good decision and causes the company to lose money, will the directors be liable for failure to exercise their duty of care and diligence? (300 words)
A whistleblower uses nonpublic knowledge or even top-secret knowledge to make illegal or unethical circumstances in a company public. Each employee signs in his contract a Non- Disclosure-Agreement to protect data and insider knowhow of the company. Under which circumstances is whistleblowing ethical, und which circumstances it is not ethical? Support your argumentation with the congruent ethical theories.
matching set
While on a hike with a tour group in the mountains, Derek gets mauled by a bear. No previous reports of bears in the area had been made. Derek wants to hold the tour company liable for his injury. Which of the following is most likely true? A. Derek cannot hold the tour company liable because there is no way to prepare for or avoid a bear attack. B. The company is not at fault because it does not owe Derek a duty of care. C. Because most people would not expect something as dangerous as a bear encounter while on a hike, an assumption of risk defense will probably not protect the tour company. D. Derek assumed the risk of a bear attack by joining the tour group, so he cannot hold the tour company liable.
please choose the most correct anwser.
Rich contracted to hold the annual retreat of his company in Tampa, Florida. Which of the following is an example of a force majeure event? C C C a. The weekend of the conference, Rich became very ill and had to be hospitalized. b. The weekend of the conference, Rich's entire management team quit. The weekend of the conference, there was a major tropical storm. d. The weekend of the conference, Rich discovered a cheaper rate at a nearby hotel. C.
Wilma offers to sell her car to Betty but Wilma dies before Betty accepts the offer. Wilma’s death a. shortened the time of the offer but did not terminate it. b. did not affect the offer. c. extended the time of the offer. d. terminated the offer.
The “Compliance with Standards Rule” requires that a member who performs professional services, including consulting services, comply with standards promulgated by bodies designated by Council, regardless of whether the member is holding out as a CPA. The standards applicable to members performing consulting services are set forth in the Statements on Standards for Consulting Services (SSCSs) and specifically state that such standards apply to members holding out as a CPA while providing consulting services. Would a member who does not hold out as a CPA be in compliance with “Compliance with Standards Rule” if the member did not comply with the SSCSs while performing consulting services for a client? Yes or No
34. Hans, a general contractor, hires Sven, a plumbing subcontractor, to install a sprinkler system in a new building. Sven installs the system but does not turn on the water supply. Six months after completion, a fire breaks out and the mistake is discovered. Which of the following statements about the property owner's claim for damages is not accurate? O a. Hans may be liable to the property owner for some or all of the fire damage that was caused by Sven's mistake. ob. Sven may be liable to Hans for damages paid to the property owner that were caused by Sven's mistake. c. Hans' CGL policy would respond to a claim by the property owner for damages arising out of Sven's mistake. od. Hans' CGL policy will only respond to a claim by the property owner for damages if Hans is determined to have been directly negligent in failing to detect the error.

SEE MORE QUESTIONS