Solve the Problem. -A Student Earned Grades of B, B, A, C, and A

question 205

Multiple Choice

Solve the problem.
-A student earned grades of B, B, A, C, and D. Those courses had these corresponding numbers of credit hours: 4, 5, 1, 5, 4. The grading system assigns quality points to letter grades as follows: A = 4, B = 3, C = 2, D = 1, and
F = 0. Compute the grade point average (GPA) and round the result to two decimal places.

• A) 2.37
• B) 1.37
• C) 9.00
• D) 3.46

Identify the duties and liabilities of gratuitous agents and agents acting under power given as security.

Understand the regulations governing agency relationships, including the distinctions between federal statutes and other legal frameworks.

Comprehend the fiduciary duties of agents, including duties of loyalty, obedience, and avoidance of secret profits.

Know the effects and implications of agents' actions on behalf of principals, including the continuity of principals' obligations.

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Definitions:

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout.

Retained Earnings

Profits that are held back in a company to be reinvested in its operations or to pay down debt rather than being distributed to shareholders as dividends.

Treasury Stock

Stocks that the issuing entity initially distributed and then bought back, decreasing the number of shares available for trade on the open market.

Par Value

The face or nominal value of a bond, stock share, or coupon as specified on a certificate or instrument.