The contract is defined as an agreement enforceable by law. Consideration is the promise made by the other party. The promise of one party is the consideration for the other party. Both the parties promise each other to perform their obligation in exchange for the consideration.
<h3>What is an agreement?</h3><h3 />
Agreement is every set of promises which results in the formation of consideration for each other. Their are always two parties to a contract and every party must perform its obligation which is the consideration for the other party.
Bob agreed to remove beehive , him removing the beehive is the consideration for Suzie. Suzie promised to pay $120 for removal of beehive is the consideration for Bob.
Therefore, the consideration in this example will be "Both the removal of a beehive and the payment of $120.00" OPTION C is correct regarding the problem.
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In the context of management skills, Abram has strong technical skills.
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Explanation:</u></h3>
Skills are very essential for the determination of success of a person in his career. There are many skills such as interpersonal skills, communication skills, technical skills, management skills,etc. The skills that are very essential in performing certain tasks refers to the technical skills. These are associated with IT, math and science.
In the scenario given, Abram who is a manger in Runa Marcus Corp.,. Apart from his managerial skills he possess creative writing skills and expertise in photo-editing software. Thus he has stuffs in doing specific task such as working with photo-editing software. Thus, he has strong technical skills.
Answer:
3rd one I'm pretty sure, if not then I'm srry lol
Explanation:
its common sense
Answer:
Accounts receivable more than 60 days = $39,500
% of accounts receivable = 11.07%
Explanation:
The following table shows the aging schedule-
Customer Amount Owed ($) Age (days)
ABC $47,150 32
DEF 37,500 7
GHI 18,900 14
KLM 72,000 28
NOP 41,450 43
QRS 16,000 11
TUV 84,300 58
WXY 39,500 75
We have to develop a schedule with a 15 days incremental through 60 days. And we show which customers are falling in that category -
0-15 (DEF + GHI + QRS) = $(37,500 + 18,900 + 16,000) = $72,400
16-30 (KLM) = $72,000
31-45 (ABC + NOP) = $(47,150 + 41,450) = $88,600
46-60 (TUV) = $84,300
Over 60 (WXY) = $39,500
Accounts receivable more than 60 days = $39,500
Percentage of Accounts receivable = 
= 11.07%
Had to look for the rest of the details and here is my answer.
Based on the given table of data attached to this question, the best estimate for Korey to quote as expected profits in the next year for his business plan next year would be <span>$19,386.97. Here is the given information of his net year profits.
</span>Year
Net Profits
1: $14,250.00
2 : $15,390.00
3 : $16,621.20
4 : $17,950.90
<span>5 : ?
</span>
Hope this answer helps.
