Based on Esteban's conduct, Floyd reasonably believes that Glynis has the authority to act on Esteban's behalf even though Glynis does not have the actual authority to do so. Floyd makes a payment to Glynis for Esteban. Glynis keeps the money and disappears. Esteban
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Based on Esteban's conduct, Floyd reasonably believes that Glynis has the authority to act on Esteban's behalf even though Glynis does not ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
During the first year of operations, a company sold $113,000 of goods to customers and received $96,500 in cash from customers. The remainder is owed to the company at the end of the year.
Answers (1)
During the norming stage of team development, team members: a. are likely to disagree about what the group should do. b. meet each other for the first time. c. try to establish a favorable role for themselves on the team. d.
Answers (1)
For an institutional investor to qualify as a "QIB" under Rule 144A, the institution must have at least: A $1,000,000 of assets that it invests on a discretionary basis B $10,000,000 of assets that it invests on a discretionary basis C $100,000,000
Answers (1)
When dealing with insurance what is a premium
Answers (1)
Ramon works for a large company that is considering starting a new business unit to sell personalized coffee mugs. he has been tasked with the preliminary research for the industry analysis. his analysis should begin with:
Answers (1)
New Questions in Business
Alcott's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $45.00, what is its nominal (not effective) annual rate of return?
Answers (1)
A customer, age 51, has a 20 year investment time horizon, a moderate risk tolerance, and is looking for investments that provide both income and growth. The best recommendation would be:
Answers (1)
Today, you are meeting with your team of four students, Shawna, and Alfonso Alvarez, the Store Manager for your local Goodwill store. You want to do some planning for the upcoming year.
Answers (1)
A company's Accounts Receivable balance at its December 31 year-end is $125,650, and its Allowance for Doubtful Accounts has a credit balance of $328 before year-end adjustment. Its net sales are $572,300.
Answers (1)
The account type and normal balance of unearned revenue would be a. expense, debit b. revenue, credit c. asset, debit d. liability, credit
Answers (1)