subject
Business, 09.09.2019 23:30 erinwebsterrr

Stone was the agent authorized to sell stock of the turner company at $10 per share and was authorized in case of sale to fill in the blanks in the certificates with the name of the purchaser, the number of shares, and the date of sale. he sold one hundred shares to barrie, and without the knowledge or consent of the company and without reporting to the company, he indorsed the back of the certificate as follows.
after three years, demand was made on turner company to repurchase. the company refused the demand and repudiated the agreement on the ground that the agent had no authority to make the agreement for repurchase. is turner company liable to barrie? explain.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:20
Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
Answers: 3
question
Business, 22.06.2019 15:00
Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)
Answers: 2
question
Business, 22.06.2019 17:30
Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting
Answers: 2
question
Business, 22.06.2019 22:00
Acompany's sales in year 1 were $300,000, year 2 were $351,000, and year 3 were $400,000. using year 2 as a base year, the sales percent for year 3 is
Answers: 2
You know the right answer?
Stone was the agent authorized to sell stock of the turner company at $10 per share and was authoriz...
Questions
question
Mathematics, 12.06.2020 14:57
question
English, 12.06.2020 14:57
question
Physics, 12.06.2020 14:57
question
Mathematics, 12.06.2020 14:57
Questions on the website: 13722361