Authority to collect payments from customers

Assignment Help Business Economics
Reference no: EM131081787

For several years, Albert acted as a collection agent for Paulette. Recently, Paulette revoked Albert’s authority to collect payments from customers. However, neither Paulette nor Albert told any customers of Albert’s termination. Yesterday, Theresa, one of Paulette’s customers, paid Albert the money owed to Paulette. Albert never gave this money to Paulette. Is Theresa liable to pay Paulette? Why or why not?

Reference no: EM131081787

Questions Cloud

How many moths will it take to pay off the debt : A college graduate is $24,000 in debt from her loans. The interest rate on the debt is 0.75% each month. The monthly payments are $432.61. How many moths will it take to pay off the debt.
Draw a tree diagram that describes the call setup procedure : Draw a tree diagram that describes the call setup procedure.
Using equations involving marginal revenue and marginal cost : Use the total cost (TC) schedule that is presented in the table below to determine the optimal rate of production when the firm can sell all of the output it produces at a price of $6.50 per unit. Also determine the level of profit (or loss) that the..
Tort liability from an agent acts : Tammy was shopping in Save-a-Lot Grocery Store when Stewart, an employee, brushed Tammy’s ankle with a grocery cart. A short time later, while still shopping, Tammy told Stewart that he should say “Excuse me,” and then people would get out of his way..
Authority to collect payments from customers : For several years, Albert acted as a collection agent for Paulette. Recently, Paulette revoked Albert’s authority to collect payments from customers. However, neither Paulette nor Albert told any customers of Albert’s termination. Yesterday, Theresa,..
What is the pmf of n, the number of successful message : what is the PMF of N, the number of successful message transmissions?
Overall competitiveness of each automobile manufacturer : Prepare a competitive strength assessment for General Motors and its rivals Ford, Chrysler, Toyota, and Honda. Each of the five automobile manufacturers should be evaluated on the key success factors/strength measures of cost competitiveness, product..
Identify methods and attributes for each class in the class : Identify the main classes and represent these in a UML class diagram and identify methods and attributes for each class in the class diagram
The condition for consumer utility maximization : Using the equi-marginal principle and the condition for consumer utility maximization, please explain the effect on the consumption of gasoline when prices increase. You may assume that the utility of money is constant.

Reviews

Write a Review

Business Economics Questions & Answers

  Briefly describ four factors you would consider

You have been asked to produce a forecast for your company's new product (bottled water). List and briefly describ four  factors you would consider before giving the forecast.

  Marker for tradable emissions

Assume that the marker for tradable emissions permits by power plants has been operating efficiently for several years. An engineering firm then invents a lower cost device for pollution abatement. What happens to the equilibrium market price of a tr..

  The development of black markets

The development of Black Markets -The requirement of nonrefundable cleaning deposits. -Reductions in apartment quality. -An increased emphasis on informal connections in allocating apartments. -The requirement of nonrefundable key deposits. -An incre..

  In an open economy with few capital restrictions and substan

In an open economy with few capital restrictions and substantial import-export trade, a rise in interest rates and a decline in the producer price index of inflation will

  Health insurance companies are oligopolies

Health insurance companies are oligopolies, and one of the criticisms of oligopolies is the adverse impacts these firms have on income distribution. Discuss in relation to the policies and practices of health insurance companies.

  Q1 do you think that frustrates groups like the aspca who

q1. do you think that frustrates groups like the aspca who believe the wto is undermining their effort to make some us

  Golden rule level of capital per effective worker

Calculate the Golden Rule level of capital per effective worker and the saving rate associate with this steady state.

  The ledger of hixson company at the end of the current year

The ledger of Hixson Company at the end of the current year shows Accounts Receivable $120,000, Sales $840,000, and Sales Returns and Allowances $30,000.

  Explain how firm could employ computed elasticities

Explain how firm could employ computed elasticities in its pricing and marketing decisions. Which of se variables have statistically significant relationships with sales.

  When entrepreneurs are investing their own money

When entrepreneurs are investing their own money, how do they decide which projects they should undertake? When political decision-makers allocate the funds of others (taxpayers), how do they decide which projects to support? Explain.

  What is the breakeven price for the toy truck

the original manufacturer is deciding whether they should continue production of the toy truck. If the estimated demand is $100,000 trucks, what is the breakeven price for the toy truck? Should you shut down?

  What type of good is wireless internet provided by airport

Your local airport recently started providing wireless Internet access throughout the airport for free. However, very few people have been using the free Internet, primarily because the airport serves a medium- to small-sized community. Initially, wh..

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