Demand for a production plan, any such laptop, motorbike, or pizza, is considered to as independent demand. Demand for subcomponents or structural components, on the other hand, is known as dependent demand.
For example, this would include the computer systems in the computer, the pedals on the motorcycle, or the mozzarella on the pizza. When demand for an item is independent of desire for other items, that item is considered to fall under the category of independent demand. final products Independent demand items are those that are produced for stock and sale or ordered by external customers. Dependent demand items, also known as components, structural components, produced parts, purchasing parts, and agricultural products, are goods whose consumption is generated by the one-by-one estimate based on independent demand items, such as goods and service parts.
Learn more about dependent demand here:
https://brainly.com/question/24300739
#SPJ4
business provides historical, current, and predictive views of business operations and environments and gives organizations a competitive advantage in the marketplace. a. exploration b. indexing c. differentiation d. intelligence
Business intelligence provides historical, current, and predictive views of business operations and environments and gives organizations a competitive advantage in the marketplace. So option d. is correct.
Business Intelligence represents the technical infrastructure that collects, stores, and analyzes company data. BI parses data and produces reports and information that help managers to make better decisions. Software companies produce BI solutions for companies that wish to make better use of their data. BI tools and software come in a wide variety of forms such as spreadsheets, reporting/query software, data visualization software, data mining tools, and online analytical processing (OLAP).
Learn more about business intelligence here:
https://brainly.com/question/25192968
#SPJ4
what is the square root of 378
henson electronics corp. decided to lower its export price in order to force the domestic producers in the importing nations out of business. once these competitors are gone, henson electronics plans to raise its prices. what is this an example of?
When Henson electronics decides to raise its prices once the competitors are gone, then it can be stated as an example of predatory dumping.
The practice of predatory dumping can be referred to or considered as a process of lowering the product prices in order to offer better value and kill the competitors in the market. By practicing predatory dumping, the customers can get access to larger market share, and then gradually increase their prices after they have a dominance over the competitors in the market.
Learn more about dumping here:
https://brainly.com/question/3790770
#SPJ4
what is the type of account and normal balance of allowance for doubtful accounts? a.asset; debit b.asset; credit c.contra asset; credit d.contra asset; debit
Option (c) is correct i.e. contra asset: credit, is the type of account and normal balance of allowance for doubtful accounts.
An allowance is a sum of money that is granted or allotted, typically on a regular basis for a particular purpose. In the case of children, parents may provide their kids pocket money (British English: an allowance) for errands and other personal expenses. An allowance in the construction sector is a sum of money assigned to a particular task as part of a larger contract. Usually, the individual giving the allowance tries to regulate when or how money is spent by the receiver so that it serves their purposes. For instance, a parent's allowance may be either unconditional or conditional and intended to educate the child money management in exchange for completing tasks or achieving a goal. The person providing the allowance typically specifies the use and may implement controls to ensure that the funds are only used for that use. When working away from home, firm personnel may receive a per diem or stipend to cover their expenses for food and transport. They may also be given special non-cash tokens or vouchers, such as a meal voucher, that may only be used for that reason.
To know more about allowance please refer: https://brainly.com/question/29043310
#SPJ4
A company has a list of expected revenues and payments for the upcoming year in chronological order. The problem is that at some moments in time the sum of previous payments can be larger than the total previous revenue, which would put the company in debt. To avoid this problem the company takes a very simple approach: it reschedules some expenses to the end of the year. You are given an array of integers, where positive numbers represent revenues and negative numbers represent expenses, all in chronological order. In one move you can relocate any expense (negative number) to the end of the array
Revenue Payment is defined as an amount in cash that is equal to I the number of customers of the Business on the Closing Date calculated using the Revenue Statement multiplied by (i the Business's average annual revenue per customer for the System, excluding Revenues from the sale or leasing.
What expected revenues and payments upcoming year?Both offer a critical perspective on your company. Revenue is the income obtained from business operations, whereas profit is the net income after expenses are subtracted from earnings.
Therefore, Although both revenue and profit are positive indicators for your company, they are not the same thing.
Learn more about Revenue here:
https://brainly.com/question/8645356
#SPJ1
Trendy wear for teens is choosing to set up its new production facility in indonesia in order to take advantage of low labor costs. additionally, the indonesian government will offer the company tax incentives if it locates its facility in indonesia. by pursuing such a strategy, trendy wear for teens hopes to realize: ___________a. diminishing returns. b. universal needs. c. location economies. d. demographic advantages
If Trendy wear sets up new production facility for low labor costs and tax incentives then it is hoping for realization of diminishing returns. Diminishing returns sets in by increasing the investment by the producers.
The correct answer is option a. Diminishing returns.
According to the economic theory known as the law of diminishing returns, as investment in a certain area rises, the rate of profit from that investment can no longer rise given that the other factors remain constant after a certain level. An illustration would be a factory that increased its output while also raising CO2 emissions for the same increase in input. A fundamental idea in both micro and macroeconomics, the rule of diminishing returns is also a key concept in production theory.
To know more about diminishing returns, refer to:
https://brainly.com/question/29603040
#SPJ4
a company has three products in its ending inventory. specific per unit data at the end of the year for each of the products are as follows: product 1 product 2 product 3 cost $ 35 $ 105 $ 65 selling price 85 165 115 costs to sell 8 70 25 required: what unit values should the company use for each of its products when applying the lower of cost or net realizable value (lcnrv) rule to ending inventory?
The unit values the company should use for each of its products when applying the lower of cost or net realizable value rule to ending inventory are is $35, $95 and $65 respectively.
Product 1:
NRV = $85 - $8 = $77
Cost = $35
Cost is lower than NRV
Product 1 at cost $35
Product 2:
NRV = $165 - $70 = $95
Cost = $105
NRV is lower than cost
Product 2 at NRV $95
Product 3:
NRV = $115 - $25 = $90
Cost = $65
Cost is lower than NRV
Product 3 at cost $65
Inventory must be valued at the lesser of its laid-down cost and the amount for which it is likely to be sold — its net realisable value — according to generally accepted accounting principles (NRV). This is known as the lower of cost and net realisable value, abbreviated as LCNRV.
It is calculated by first determining the expected selling price of an asset and then subtracting all costs associated with the asset's eventual sale. NRV = Expected selling price - Total production and selling costs, to put it in formulaic terms.
To learn more about Non-return value, here
https://brainly.com/question/24177656
#SPJ4
callie withdraws 600 from her bank account, which the bank had already loaned out to customers. if the reserve requirement is 15%, by how many dollars must her bank reduce its lending
Her bank's lending must be reduced by $510 if the reserve is 15%.
What is the lending meaning?When someone permits another individual to borrow something, this is known as lending (sometimes known as "financing"). The lender lends the borrower money, real estate, or another asset with the understanding that now the student will either repay the asset or pay back the lender.
What does financing lend?The procedure is known as lending or accepting a loan when a lender extends funds to a person or business with a specific guarantee of based on the assumption that the borrower would repay the borrowed funds with particular extra perks, like an interest rate.
To know more about lending visit :
https://brainly.com/question/14299061
#SPJ4
an agreement between two duopolists to function as a monopolist usually breaks down because
To make more money, each duopolist wants a larger share of the market.
How can duopolists benefit from a price match strategy?
First, price-matching reduces businesses' incentives to lower prices in order to attract customers who don't pay for search. Second, price-matching reduces the marginal benefit of search for consumers who have positive search costs, leading them to accept higher prices.
Which three kinds of agreements are there?
Contracts with a set price. Contracts with a cost plus Time and materials contracts.Learn more about duopolist here:
https://brainly.com/question/17241149
#SPJ4
a company with 91,000 authorized shares of $8 par common stock issued 37,000 shares at $15. subsequently, the company declared a 2% stock dividend on a date when the market price was $31 per share. what is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?
The amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend is $223,200. This is calculated by taking the market price of the stock ($31 per share) multiplied by the number of authorized shares (91,000) multiplied by the stock dividend (2%) which equals $223,200.
The stock dividend is beneficial for shareholders because the increase in number of shares allows them to receive a higher portion of the company's profits. This increase in paid-in capital will led to help the company for raising more funds in the future, as it will appear that the company is worth more and it will become little easy to attract investors. The stock dividend also help in retaining current shareholders, as they will be given additional shares which is profitable to them after selling.
To know more about retained earnings click here
https://brainly.com/question/14529006
#SPJ4
employers are required to withhold which of the following taxes from employees? a.fica tax and state and federal unemployment taxes b.fica tax c.federal unemployment tax d.state unemployment tax
Employers are required to withhold FICA (Federal Insurance Contributions Act) tax from employees. The correct option is b.
What is FICA tax?The Federal Insurance Contributions Act which stands for FICA is a law that outlines that taxes should be withheld from paychecks and used to fund the Social Security and Medicare programs. Both employees and employers are affected by the FICA tax. The law that created the FICA tax was passed in 1935. The funds are used to provide retirement savings and insurance programs for working Americans.
The FICA tax is designed to provide support for retirees who qualify for benefits.
Learn more about FICA, here:
https://brainly.com/question/17276403
#SPJ1
which of the following have derived demand? choose one or more: a.a cup of coffee b.a coffee maker c.a barista
A barista have derived demand so the correct option of the given question is option C.
Demand in economics refers to the quantity of a good that consumers are prepared and able to purchase at various prices during a particular time.
The link between price and quantity demand is sometimes referred to as the demand curve. A product's demand is influenced by a number of variables, such as perceived need, price, perceived quality, convenience, substitutes provided, customer preferences, and available funds.
The underlying connection between supply and demand is determined by the potential price of a good and the quantities that would be purchased at those levels.
Since the relationship is frequently negative, a rise in price will usually cause a decrease in the quantity demanded. This negative link is physically represented by the consumer demand curve's descending slope.
learn more about demand here
https://brainly.com/question/13320101
#SPJ4
stark company's most recent balance sheet reported total assets of $1,860,000, total liabilities of $820,000, and total equity of $1,040,000. its debt-to-equity ratio is: multiple choice
The most recent balance sheet for Stark Company showed total assets of $1,860,000, total liabilities of $820,000, and total equity of $1,040,000. It has a 0.78 debt-to-equity ratio.
What is debt to equity ratio?The debt-to-equity ratio, also known as the D/E ratio, is a measurement of a company's ability to pay down its debt. It is computed by dividing the entire debt by the total shareholders' equity of a corporation.
The debt to equity ratio is calculated as:-
Debt-to-equity ratio = Debt/Equity
Total liabilities=debt=$820,000
Total equity=$1,040,000
∴ Debt-to-equity ratio = $820,000/$1,040,000
=0.78
Therefore, 0.78 is the debt to equity ratio of Stark company.
To learn more about debt-equity ratio, click here:
#SPJ1
how would investment model researchers explain why women in an abusive relationship often return to their abusive partners?
According to the Investment Model, a person's dedication to a romantic relationship is influenced by their level of relationship pleasure, their opinion of the caliber of potential romantic mates, and the amount they are now investing in the union.
If you continue to be in an emotionally or verbally abusive relationship, you may experience long-term effects such as persistent discomfort, despair, or concern.
Abusers frequently arrange a financial condition that makes leaving difficult to impossible. Sometimes, survivors want the abuse to stop, not the marriage. Because she fell in love with the abuser and thought he would change, the survivor could go back to the abuser.
It is common to think about returning to an emotional abuser, but doing the following three actions may give you the clarity and bravery you need. Asking yourself if you are considering returning out of fear and taking note of how you have been feeling since terminating the relationship are two of the stages.
To learn more about abusive relationships
https://brainly.com/question/16702685
#SPJ4
sheehan inc. is deciding whether to invest in a project today or to postpone the decision until next year. the project has a positive expected npv, but its cash flows might turn out to be lower than expected, in which case the npv could be negative. no competitors are likely to invest in a similar project if the firm decides to wait. which of the following statements best describes the issues that the firm faces when considering this investment timing option? a. waiting would probably reduce the project's risk. b. the investment timing option would not affect the cash flows and therefore would have no impact on the project's risk. c. since the project has a positive expected npv today, this means that it should be accepted in order to lock in that npv. d. since the project has a positive expected npv today, this means that its expected npv will be even higher if the firm chooses to wait a year. e. the more uncertainty about the future cash flows, the more logical it is to go ahead with this project today.
The project has a positive projected NPV today, which suggests that if the company decides to wait a year, its expected NPV would be even greater.
What Is Net Present Value (NPV)?The difference between the present value of cash inflows and outflows over time is known as net present value (NPV). The profitability of a proposed investment or project is examined using NPV in capital budgeting and investment planning.
Describe the formula of NVP?Formula:
a. Net Present Value (NPV) is calculated as follows: Cash flow / (1 + i)t - original investment
b. NPV = Today's value of the invested capital less Today's value of the projected cash flows.
c. ROI is calculated as (Total benefits - Total Costs) / Total Costs.
To know more about Cash Flow visit:
https://brainly.com/question/10922478
#SPJ4
the federal trade commission administers the law prohibiting unfair methods of competition. group of answer choices false true
The Commission enforces consumer protection and antitrust laws. prohibits,among others,“unfair methods of competition”.Unfair methods are prohibited by the Federal Trade Commission Act (FTC Act) (15 USC 45).
''Unfair or deceptive acts or practices in commerce or that affect it.The ban applies to all persons engaged in commerce,including banks.This Act prohibits unfair methods of competition in interstate commerce,but does not carry criminal penalties.It also created the Federal Trade Commission to police violations of the Act.UNFAIR BUSINESS PRACTICE means a trade practice or business practice that,for the purpose of promoting the sale, use,or furnishing of any good or for the provision of any service,adopts any unfair method or unfair or deceptive practice. Unfair business practices can be classified as Misrepresentation.
To learn more about enforces please click on below link.
https://brainly.com/question/10253135.
#SPJ4
elaine romberg prepares her own income tax return each year. a tax preparer would charge her $80 for this service. over a period of 9 years, how much does elaine gain from preparing her own tax return? assume she can earn 4 percent on her savings.
Elaine Romberg can make 4% on her savings of $600.81 if she files her own income taxes each year. A tax preparer would charge her $80 for this service.
Savings x F/A Factor (80 x 8.583) = $600.81 for the future value of the overall gain.
To ensure that taxpayers are paying the proper amount of tax at the proper time and obtaining the proper tax allowances and tax reliefs, policy actions and individual conduct are referred to as tax compliance. Tax is defined as a mandatory financial charge or other sort of levy imposed by a governmental organization on a taxpayer (an individual or legal entity) in order to finance government spending and other public expenses (regional, local, or national).
The first taxes known to history occurred in Ancient Egypt between 3000 and 2800 BC. [4] In addition to missing payments on time, breaking the law also includes evading or opposing taxation.
Learn more about Tax here
https://brainly.com/question/16423331
#SPJ4
to restore public confidence in the banking system, wilson supported the establishment of a:______.
To restore public confidence in the banking system, wilson supported the establishment of a Federal Reserve system.
Wilson campaigned for the Federal Reserve Act of 1913 in response to the call for reform, which established twelve regional reserve banks under the jurisdiction of the Federal Reserve Board, a new federal organization whose members were chosen by the president. The nation's money supply and interest rates may be modified under this new federal structure. The amount of money in circulation would increase or decrease in accordance with the business cycle because it was permitted to create currency based on both government assets and "commercial paper" (loans given to firms by banks).
The Federal Reserve was also given the authority to modify the interest rates, or the discount rate, charged to its member banks for funds placed in the branch reserve banks, which would indirectly regulate the interest rates that banks charged their borrowers. The new approach may also establish a reserve fund for times of economic crisis by determining the amount of money banks would need to maintain as an offset against deposits (the reserve requirement). The most significant domestic accomplishment of the Wilson administration was undoubtedly the passage of this law, which still serves as the basis for controlling the country's banks, credit, and money supply. It was achieved through significant compromise between agrarian and financial interests.
To know more about Federal Reserve:
https://brainly.com/question/19273629
#SPJ4
what other costs of ownership do you need to factor in when thinking about your vehicle costs?
The costs of ownership need to factor in when thinking about your vehicle costs is the purchase price, registration fee, sales tax, among other things. Insurance, regular maintenance, fuel, the cost of the driver, and depreciation are just a few examples of ongoing expenses.
Emergency charges include things like towing fees and repair costs. When determining the true cost of vehicle ownership, all these expenses should be taken into consideration.
'What is total Ownership Cost?'
The acquisition price of an asset plus the operating expenses make up the total cost of ownership (TCO). Analyzing the total cost of ownership entails having a comprehensive view of the product and its future value.
know more abut insurance here
https://brainly.com/question/30054745#
#SPJ4
when a tax is levied on a good, the buyers and sellers of the good share the burden,
when a tax is levied on a good, the buyers and sellers of the good share the burden regardless of how the tax is levied.
The distribution of tax burdens between consumers and producers is referred to as the incidence of tax in economics. According to general economic theory, regardless of whether a tax is levied on producers or consumers, the tax burden is shared by both.
A tax's incidence, or burden, is typically borne by both consumers and producers of the taxed good. However, if we want to predict which group will bear the majority of the burden, we only need to look at demand and supply elasticity.
know more about taxes here
https://brainly.com/question/16423331#
#SPJ4
on the bank reconciliation, an error in recording a check is a.a bank statement adjustment or a company books adjustment b.a bank statement adjustment c.a company books adjustment d.none of these choices
The book balance should be adjusted for errors in recording. Add the amount of the error if the item cleared the bank for less than the amount recorded in the books.
Add the amount of the error if the item sold for more than what was recorded in the books.
What adjustments are made during the bank reconciliation?
Adjust the bank statements by adjusting the balance to reflect the corrected amount. You must add or subtract bank errors, outstanding checks, and deposits in transit for this to be done. Amounts that have been received and recorded by the business but have not yet been recorded by the bank are referred to as deposits in transit.
To learn more about bank statements here:
https://brainly.com/question/22786262
#SPJ4
during the 2007-2009 recession, which components of aggregate expenditures were significant contributors to the downturn?
invested money that was budgeted. The Great Crisis' Effect on Each of the Individual Aggregate Demand Components The 2007–2009 recession was a post–1950 occurrence, like most of the other ten.
Which of the following is related to the 2007–2009 recession?Investment spending had a sharp fall, which was the cause of the recessionary expenditure gap that accompanied the recession of 2007–2009. The federal government cut taxes and boosted expenditure in an effort to halt the 2007–2009 U.S. recession.
What three factors contributed to the 2007–2009 recession?Officially lasting from December 2007 to June 2009, the Great Recession was one of the worst economic downturns in US history. The economic crisis was brought on by the housing market collapse, which was fueled by cheap interest rates, easy access to credit, weak regulation, and hazardous subprime mortgages.
To know more about invested visit:
https://brainly.com/question/15353704
#SPJ4
What is the net present value of the following cash flow streams at an interest rate of 8. 25%: at year 0: $0; year 1: $75; year 2: $225; year 3: $0; and year 4: $300.
The net present value of the cash flow streams is $479.7743.
What is net present value?The net present value encompasses several cash flows that happen at different points in time (NPV). A cash flow's present value is determined by how long it will take for it to be expected. Another factor is the discount rate. NPV is used to account for the temporal value of money. It gives a tool for comparing and evaluating capital projects or financial products with cash flows that are distributed over time, such as loans, investments, insurance contract payouts, and many more uses. The worth of cash flows fluctuates over time, according to the time value of money theory. The value of the current predicted future cash flows is decreased based on the chosen rate of return. NPV is calculated by weighing the benefits and expenses of each stage of an investment.
The computation of net present value is
= cash flow ÷ (1+interest rate) ^number of years
= $75 ÷ (1.0825) + $225 ÷ (1.0825) ^2 + $300 ÷ (1.0825) ^4
= $479.7743
To learn more about net present value, visit:
https://brainly.com/question/29646760
#SPJ4
suppose that fortune 8 casino is one of ten casinos in the town of luckyville, and every casino is earning substantial economic profits. what is likely to happen in the long run?
As fortune 8 casino is one of ten casinos in the town of Luckyville, and every casino is earning substantial economic profits, New casinos will enter the market but economic profits will be eliminated.
Economic profit can only be obtained when there is less competition for a particular business in the market.
When the competition increases, no economic profit can be generated as the profit margin is keptt less due to increased competition.
In the long run new casinos are most likely to enter the market. As a result of this, the competition will increase in the market. The increased competition will cause the economic profit to get eliminated.
To learn more about profit, click here:
https://brainly.com/question/1078746
#SPJ4
Math
Can you thech me about being a businessman and now it’s not even that bad I am going to
Determine whether customers will actually purchase your goods or services before investing any money. The most significant action you take might be this.
Who is Businessman?This can be accomplished by confirming your market. In other words, besides your family and friends, who else will purchase your goods or services.
Be willing to say who you are and what you do with conviction and without apology. Embrace and use the most effective online tools available to broadcast your news.
Free industry research is available, which you can find. For more information, read articles in the industry that use computer science data . However, the most crucial method.
Therefore, Determine whether customers will actually purchase your goods or services before investing any money. The most significant action you take might be this.
To learn more about Businessman, refer to the link:
https://brainly.com/question/887012
#SPJ1
a tool that managers use to estimate expenditures for major assets, such as facilities expansion, new product development, and mergers and acquisitions is called a(n) .
A tool that managers use to estimate expenditures for major assets, such as facilities expansion, new product development, and mergers and acquisitions is called a capital budget. The correct option is B.
What is capital budget?Capital budgeting in corporate finance refers to the planning process used to determine whether an organization's long-term capital investments, such as new machinery, machinery replacement, new plants, and so on, are viable.
Capital budgeting is the process by which a company evaluates potential large projects or investments.
Capital budgeting is required before a project is approved or rejected, such as the construction of a new plant or a large investment in an outside venture.
Thus, the correct option is B.
For more details regarding capital budget, visit:
https://brainly.com/question/21598960
#SPJ1
Your question seems incomplete, the missing options are:
a) cash budget
b) capital budget
c) equity budget
d) revenue forecast
review question what types of taxes and deductions are factored into the difference between your gross pay and your net pay?
The Taxes and deductions that are factored into the difference between your gross pay and your net pay include Income Tax, Social Security Tax.
Payroll deductions are stipends withheld from a hand's total earnings to pay levies, embellishments, and benefits, like health insurance. Net pay means take-home pay or the quantum workers earn after all payroll deductions are abated from their gross pay.
Gross pay is what workers earn before levies, benefits, and other payroll deductions are withheld from their stipend. The quantum remaining after all withholdings are reckoned for is net pay or take-home pay. An income duty is a duty assessed on individualities or realities in respect of the income or gains earned by them.
Income duty generally is reckoned as the product of a duty rate times the taxable income. The Social Security duty is applied to income earned by workers and tone- employed taxpayers. Payroll deductions are stipends withheld from a hand's total earnings to pay levies, beautifiers, and benefits, like health insurance.
To know more about Tax,
brainly.com/question/26316390
#SPJ4
if a customer needs 150 chairs per day and a company operates 7 hours a day, what must be the operational takt time? 4.2 minutes/chair 3.3 minutes/chair 2.8 minutes/chair d. 1.5 minutes/chair
Option A. 4.2 minutes/chair. There are two things you need: D stands for the item's average daily client demand. W stands for the daily total of all workable seconds. W / D in seconds equals Takt time (T).
A process's output has a 60-second Takt time. Station 4 has an 80-second production limit. It goes over the Takt time and cannot keep up. A shop may work for 430 minutes each day. The client requires 300 units each day. Takt time is equal to 430/300, or 1.433 minutes, for each unit. On an assembly process, a manager wishes to set up a Kanban system. 30 units per hour are what the consumer needs. 60 / 30 = 2 mins. A process's output has a 60-second Takt time. Station 4 has an 80-second production limit. It goes over the Takt time and cannot keep up. A shop may work for 430 minutes each day. The client requires 300 units each day.
To learn more about Takt time please click on below link
https://brainly.com/question/878270
#SPJ4
the market value of all final goods and services produced within a nation in a given time period is called
The market value of all final goods and services produced within a nation in a given time period is called GDP.
The GDP estimates the monetary value of the consumable goods and services produced in a country over a certain time period (say a quarter or a year). It takes into account every product made entirely within a country's borders.
The gross domestic product (GDP) is the total monetary or market value of all finished products and services produced within a country's borders over a specific time period (GDP). Because it is a broad indication of total domestic production, it provides a comprehensive evaluation of the state of the economy in a particular country.
To learn more about GDP visit: https://brainly.com/question/15682765
#SPJ4
the fiduciary duty that remains even after the termination of the agency relationship is a) confidentiality. b) accounting. c) obedience. d) loyalty.
Even when the agency connection has ended, secrecy is still a fiduciary obligation.
With the conclusion of an agency partnership, what authority is terminated?When an agency ends, only the agent's formal authority ends; his implicit authority remains in effect. An agent's apparent power expires upon the death of the principal.
What exactly are the duties of a fiduciary?Fiduciary Obligation a trust-based legal partnership that calls on truthfulness and good will. duty of a fiduciary to an adjuster. -uphold the principal's financial interests, which are typically those of the insurer; -be truthful in all representations of the principal. A fiduciary is a person who has agreed to act in another's best interest or on their behalf in a specific situation under conditions that establish a relationship of confidence and trust.
To know more about fiduciary obligation visit :-
https://brainly.com/question/15198880
#SPJ4