Answer:
Marcy can rescind the contract.
Explanation:
If both Marcy and Lucy made an innocent mistake and did not try to defraud each other, then the contract can be rescinded and no party can sue for damages. It would be different if Lucy would have fraudulently misrepresented the truck to Marcy, then Marcy would have been able to sue for damages.
Answer:
C) Lower than desired prices, which increases their sales.
Explanation:
Answer:
company sells a limited quantity of high-unit cost items.
Explanation:
A specific identification method can be defined as a method used for determining the ending inventories cost.
Basically, this type of method for costing inventories typically involves doing a well-detailed physical count of each goods bought on a specific date or a particular period of time, so as to determine the exact number of goods remaining by the end of the year's inventory. Therefore, each of the goods purchased are tagged with their unit price and any other additional charges.
Hence, the specific identification method of costing inventories is used when the company sells a limited quantity of high-unit cost items.
<span>B. Leadership skills at times are not too apparent in individuals and most times the best leaders are not egotistical. It is important that an organisation has the capacity to allow its employees to use more initiative, making them feel the shared vision of the organisation and giving them room to be creative. The best leaders will surface eventually and naturally in these environments and especially when doing team tasks, you will see the stand outs.</span>
Tax on consumption is a tax on the using of goods or services. Sales tax is an example of tax on consumption. If you go to the store and buy clothes, the tax calculated from that is because you bought the items. If you went and got a haircut and they charge tax, you are paying the tax on consumption of the haircut service you received.
