Answered step by step

Verified Expert Solution

Link Copied!

Question

...

1 Approved Answer

Posted on Jul 04, 2024

Merlin gives Ralph the authority to sell her land, and to pay himself off the proceeds, the debts due to him from Merlin.Under such circumstances,

Merlin gives Ralph the authority to sell her land, and to pay himself off the proceeds, the debts due to him from Merlin.Under such circumstances, it can be said that Ralph:

A.is an independent contractor

B.is acting as Merlin's servant

C.is a subagent, the principal being Merlin.

D.is a general agent to Merlin.

E.has an agency coupled with an interest.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Financial Accounting

Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker

10th edition

978-0078025624

Students also viewed these Law questions

Question

1. The following algorithm will generate a random permutation of the elements 1, 2,..., n. It is somewhat faster than the one presented in Example 1a but is such that no position is fixed until the...

Answered: 1 week ago

Question

★★★★★

Chiam Corporation has $300,000 of 12% bonds, callable at 102, with a remaining 10-year term, and interest payable semiannually. The bonds are currently valued on the books at $290,000, and the...

Answered: 1 week ago

Question

★★★★★

Which of the following are NOT a basic element of the E - R Model? Identifiers Cardinalities Use cases Relationships

Answered: 1 week ago

Question

★★★★★

What is beta ? How is it defined? How is beta similar to a correlation coefficient ?

Answered: 1 week ago

Question

★★★★★

In order to meet strong competition from Volkswagen as well as other foreign domestic subcompacts, Lee Iacocca, then president of Ford Motor Co., decided to introduce a new vehicle by 1970, to be...

Answered: 1 week ago

Question

★★★★★

Cory Rogers of CMG Research was happy to call Nick Thomas to inform him that Auto Concepts survey data were collected and ready for analysis. Of course, Cory had other marketing research projects and...

Answered: 1 week ago

Question

★★★★★

A photograph of a bullet shows a Mach angle of $32^{\circ}$. Determine the speed of the bullet for standard air.

Answered: 1 week ago

Question

★★★★★

In Exercises 7778, use a coding matrix A of your choice. Use a graphing utility to find the multiplicative inverse of your coding matrix. Write a cryptogram for each message. Check your result by...

Answered: 1 week ago

Question

★★★★★

For the bar magnet in Figure P28.18, which of the four locations labeled 1,2,3,4 has the greatest density of magnetic field lines? Data from Figure P28.18 N d 2 P.P. d S 3

Answered: 1 week ago

Previous Question Next Question