While Eating a Container of Yogurt,you Have to Leave,so You

question 18

Multiple Choice

While eating a container of yogurt,you have to leave,so you store the yogurt in the refrigerator.A day later you return and find the surface of the yogurt is no longer smooth but has broken into several liquified products.You correctly guess that enzymes from your saliva,via the spoon,have continued digesting the yogurt in your absence.What will happen over time?

• A)The reaction has probably stopped because the amount of saliva is small and you would have to add more saliva to continue the degradation.
• B)The reaction will continue indefinitely since the enzyme is not consumed by the reaction.
• C)The reaction will continue until half is digested and then stop because the reaction between substrate and product will be balanced.
• D)The reaction has probably stopped because the yogurt has denatured the enzyme.
• E)As long as the enzyme is not denatured by environmental conditions,the reaction will continue until all of the substrate is used up.

Differentiate between the duties and obligations of agents towards their principals.

Identify factors that affect the termination of an agent's authority and the subsequent impacts.

Understand the process and requirements for ratification of an agent's contracts.

Grasp the legal positions of principals, agents, and third parties within the scope of agency law.

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Definitions:

Fixed Costs

Costs that do not fluctuate with changes in production level or sales volume, such as rent, salaries, and insurance.

Margin Of Safety

The difference between actual or expected sales and the break-even point, indicating the level of risk in failing to cover fixed costs.

Breakeven

The point at which total costs and total revenue are equal, resulting in no net loss or gain.

Sales

The exchange of a commodity or service for money; the action of selling something.