Explain the authority granted to an agent in different types of powers of attorney
What will be an ideal response?
A power of attorney gives the agent the authority to sign legal documents on behalf of the principal. Many states allow powers of attorney for both business and health care purposes. In the latter kind of power of attorney, the principal designates in writing an individual (agent) who will act for the principal in the event of a serious illness that renders the principal mentally incompetent to make decisions concerning his or her own medical care. The agent is usually given the authority to make such decisions in consultation with physicians. The power of attorney for business purposes may be a general document that gives the agent broad powers to act on the principal's behalf, or it may be a more limited document that authorizes the agent to act only in matters enumerated in the agreement.
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Grays Company has inventory of 11 units at a cost of $6 each on August 1. On August 3, it purchased 21 units at $9 each. 13 units are sold on August 6. Using the perpetual FIFO inventory method, what amount will be reported as cost of goods sold for the 13 units that were sold?
A. $123. B. $143. C. $90. D. $88. E. $84.00.
A just-in-time strategy ______.
a. reduces investment in inventory and reduces space requirements b. increases investment in inventory but reduces space requirements c. increases investment in inventory increases space requirements d. reduces investment in inventory but increases space requirements
Nicolas is a member of the bargaining unit at Smith Inc, and has been very vocal in his criticism of the performance of the union's leadership in the last contract negotiations. Steve, the union's chief steward, irate over Nicolas' complaints, meets with Benjamin, the HR director, to discuss terminating Nicolas. Here, Steve violated Section 8(b)(2 ) of the: ? A) ?American Federation of Labor
B) ?National Labor Relations Act. C) ?Wagner Act. D) ?Taft-Hartley Act.
The SQL keyword TOP ________
A) limits the number of columns retrieved from a table B) limits the number of rows retrieved from a table C) limits the number of tables retrieved from a database D) A and C