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Nitella [24]
2 years ago
11

A person does not need contractual capacity to be an agent. a. False b. True

Business
1 answer:
mixas84 [53]2 years ago
4 0
B which would be false
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A business has the following items: - Land $1,500,000 - Machinery $30,000 - Cash $10,000 - Loan $500,000 - Owner’s equity? _____
vodomira [7]

Answer:

The owner's equity amounts to $1,040,000

Explanation:

The formula to compute the owner's equity is as:

Owner's equity = Assets - Liabilities

Where

Assets = Land + Machinery + Cash

= $1,500,000 + $30,000 + $10,000

= $1,500,000 + $40,000

= $1,540,000

Liabilities = Loan

= $500,000

Putting the values above in the formula:

= $1,540,000 - $500,000

= $1,040,000

6 0
3 years ago
Generally accepted accounting principles require that companies use the ____ of accounting.
White raven [17]

Answer:accrual basis

Explanation: the need the truth on the accounting princess so it has to be to accrual basis

3 0
2 years ago
Which part of a business proposal discusses the history of a product, service, or company with a focus on the relationship betwe
Zolol [24]

Background-- part of a business proposal discusses the history of a product, service, or company with a focus on the relationship between the writer and a potential buyer

What is business proposals?

Effective business proposals are built around a great idea or solution. While you may be able to present your normal product, service, or solution in an interesting way, you want your document and its solution to stand out against the background of competing proposals.

An effective business proposal:

informs and persuades efficiently. It features many of the common elements of a report, but its emphasis on persuasion guides the overall presentation.

How do you introduce a business proposal?

You should write the introduction to your proposal first, quickly summarizing all sections of the business plan. It should also be the last part of the plan you work on. The overview in the introduction will help you to know what to cover as you write all parts of the business plan in greater detail.

Learn more about business proposals:

brainly.com/question/24028071

#SPJ4

4 0
2 years ago
Rent control is an example of a _____________________. it sets the price of rent __________________ the equilibrium price and re
Shtirlitz [24]

Rent control is an example of a "price ceiling", it sets the price of rent "below" the equilibrium price and results in a "shortage" of apartments.


Answer is "D".


Rent control is a type of value control that confines the sum a property proprietor can charge for leasing a home or other land. Rent control goes about as a price ceiling by keeping rents either from being charged over a specific level or from expanding at a rate higher than a predetermined percentage.


8 0
3 years ago
Mr. Wiley owns a couple of houses. He lives in the better one. The other house he rents to the Jones family for $20,000 per year
BARSIC [14]

Answer:

20,000

Explanation:

Only rented house is counted as per gdp

4 0
3 years ago
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