What is an agent and the responsibilities of an agent, Corporate Finance

Assignment Help:

What is an agent? What are the responsibilities of an agent?

Ans: An agent is someone who has the implied or actual authority to act on behalf of another.  The owners whom the agents denote are the principals.  Agents comprise a legal and ethical accountability to make decisions that further the interests of the principals.


Related Discussions:- What is an agent and the responsibilities of an agent

form of repurchases, S5 Corporation is evaluating an extra dividend versus...

S5 Corporation is evaluating an extra dividend versus a share repurchase.  In either case, the total payout to the investors will be $10,000. Current earnings are $1 per share and

Determine the lease rate, Robert Shapprio Leasing CO (40% tax rate) I deter...

Robert Shapprio Leasing CO (40% tax rate) I determining leae rate for a number of equipment . it is allowed to use the following accelerated depreciation rate 3 years: 25%   38%

Advantages and disadvantages of overdraft, A factoring company has offered ...

A factoring company has offered a one-year agreement with Glub Ltd to both manage its debtors and advanced 80 per cent of the value of all its invoices immediately a sale is invoi

Capital structure, Part A Paris Co. Ltd has Equity Share Capital of Rs...

Part A Paris Co. Ltd has Equity Share Capital of Rs 500,000. To meet the expenditure of an expansion programme, the company wishes to raise Rs 300,000 and is having the given

Characteristic of an efficient market, Question 1: (a) Explain and com...

Question 1: (a) Explain and comment on the various rationales presented to support the combination of two companies in a merger or takeover. (b) What are two theoretical r

Review of Revenue, Review of Revenue This activity will require you to acc...

Review of Revenue This activity will require you to access at least a portion of the federal budget as well as a state, local and an agency budget. This can be done online. Howeve

Stress testing related to risk management in banking, Question: "Banks ...

Question: "Banks have plenty of motives for developing risk-based practices and the risk models. In addition, regulators made this development a major priority for the banking

Explain ethical decision-making, Problem 1: (a) Will a corporation be m...

Problem 1: (a) Will a corporation be morally responsible for its actions? (b) Why do corporations engage in social responsibilities, and what are the potential drawbacks?

NPV, What is the present value of the following payment stream, discounted ...

What is the present value of the following payment stream, discounted at 7% annually: $1,200 at the end of year 1, $2,200 at the end of year 2, and $3,200 at the end of year 3?

NPV Best Case/Worst Case, Ask que We are evaluating a project that costs $8...

Ask que We are evaluating a project that costs $800,000, has an eight-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the pr

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd