BUSINESS HIGH SCHOOL

Nadya and Owen work at Purified Water Company. Nadya is a sales representative who works with Purified’s customers, including restaurants, grocery stores, and other businesses, as well as individual consumers. Purified closely supervises all of its sales reps, and dictates their schedules. Owen is an engineer who works in Purified’s water treatment plant, but does not deal with third parties. Refer to Fact Pattern 19-1. With respect to third parties, Owen is Purified’s​ a. ​employee and agent. b. ​employee, agent, and independent contractor. c. ​employee but not agent. d. ​independent contractor.

Answers

Answer 1
Answer:

Answer:

c. ​employee but not agent.

Explanation:

Based on the information provided within the question it can be said that Owen is an employee but not an agent. This is because Owen is an engineer that has been hired by Purified Water Company to solve certain engineering problems, therefore he is an employee with certain authority. Even though he has some authority he still answers to individuals that are higher up in the hierarchy of the company and is not authorized to make decisions on behalf of the company, meaning he is not an agent.

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Answers

Final Answer:

Verge Ltd is a public company limited by shares. This classification is based on the equal voting rights associated with the different classes of shares issued by the company.

Explanation:

Verge Ltd is classified as a public company limited by shares based on the information provided. In this type of company, shares are issued to the public, and the shareholders have voting rights equal to the number of shares they hold. This implies that each class of shares, whether it's class A, B, C, or D, holds equal voting rights.

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Public companies limited by shares are typically larger entities, and they offer shares to the general public for trading on the stock exchange. The fact that Verge Ltd has issued shares with equal voting rights suggests that it is a publicly traded company.

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Answers

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Answers

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Answers

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Answers

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Answer:

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Explanation:

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Answers

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