1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mumz [18]
2 years ago
13

Oceans inc., a seafood distributor, agrees to buy from paul, a commercial fisherman, any "overstock" of fish that paul catches i

n excess of his legal limit. This agreement is most likely?
Business
1 answer:
Ede4ka [16]2 years ago
8 0

Oceans inc., a seafood distributor, agrees to buy from paul, a commercial fisherman, any "overstock" of fish that paul catches in excess of his legal limit. This agreement is most likely void.

the act of agreeing or of coming to a mutual association. the kingdom of being in accord. An arrangement is ordinary with the aid of all events to a transaction. An agreement or different record delineating such an association. The unanimity of opinion; harmony in feeling: settlement of some of the individuals of the school.

An agreement is a promise between entities to grow mutual obligations with the aid of regulation. segment 2(e) of the Indian contract Act, 1872 defines an agreement as 'each promise and each set of promises, forming the attention for every other, is an agreement.

The definition of agreement manner is the act of coming to a mutual selection, position, or arrangement. An instance of an agreement is the choice among two human beings to percentage the lease in an apartment.

Learn more about agreements here brainly.com/question/1835508

#SPJ4

You might be interested in
Based on the details of the scenario, determine what will most likely occur. Jillian and Chase are making a contract in which Ji
olga2289 [7]

Answer: Contract is voided

Explanation:

From the question, we are informed that Jillian and Chase are making a contract in which Jillian ships beaver pelts to Chase, who will then makes the pelts into hats to sell.

We are further told that a year into their contract, it becomes illegal to buy or sell beaver pelts in the United States. Based on the scenario explained, the contact will be voided.

A void contract is referred to as a formal agreement that cannot be enforceable and is not legitimate. Since it is illegal to either purchase or sell beaver pelts, it means that the context cannot be carried out anymore and should the be void.

3 0
3 years ago
Unexpected weather can even have an effect on the business cycle. true or false
gulaghasi [49]
True.................
7 0
3 years ago
Read 2 more answers
A company issued common stock and preferred stock. Projected growth rate of the common stock is 5%. The current quarterly divide
mr_godi [17]

Answer:

8%

Explanation:

If the current quarterly dividend on preferred stock = $1.60, that means that the current yearly dividend = $1.60 x 4 quarters = $6.40

Since the yearly dividend = $6.40 and the current market price of preferred stock is $80, its expected rate of return = $6.40 / $80 = 8%

7 0
3 years ago
During the past year, a company reported net income of $230,000. Depreciation expense was $22,000. In December the company recei
tamaranim1 [39]

Answer: $259000

Explanation:

Based on the information provided in the question, the amount of cash provided by operating activities that should appear on a statement of cash flows would be:

Net income = $230,000

Add: Depreciation expense = $22,000

Add: Rent = $7000

Total = $259,000

8 0
3 years ago
A.
Bad White [126]

Answer:

D

Explanation:

Took the test on ed

8 0
3 years ago
Read 2 more answers
Other questions:
  • You work for Whittenerg Inc., which is considering a new project whose data are shown below. What is the project's Year 1 cash f
    6·1 answer
  • Athen tech., a software company, changed its pay structure from 3,000 job titles and 12 pay grades to a simpler structure with 1
    15·1 answer
  • A​ check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks
    15·1 answer
  • You are working closely with an experienced associate. He insists on completing a task a certain way, but you know there is a mo
    11·1 answer
  • A short-term lease: Multiple Choice Must be accounted for by the short-cut method if using U.S. GAAP. Is defined as having a val
    13·1 answer
  • EB10.
    8·1 answer
  • Georgia, the outside sales rep for a major building supply company, reads a report stating that building permits are down dramat
    15·1 answer
  • Maureen has a net spendable income of $2,100 per month. She sets up the following transportation budget for herself.
    6·1 answer
  • During March, the production department of a process operations system completed and transferred to finished goods 27,000 units
    9·1 answer
  • Choose all of the possible causes of structural unemployment
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!