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2 years ago

Which piece of information in the sales contract does not help the parties specify exactly which property is being purchased?

1 answer:

5 0

The contract piece of information in the sales contract does not help the parties specify exactly which property is being purchased.

As explained above, the sales contract should include buyer and seller information, legal description of the property, closing date, down payment amount, contingencies, and other important information about the sale. The essential elements of a sales contract are: (b) identify the subject; (c) prize money or its equivalent;

As a general rule, the full sales contract clause should state that the written contract constitutes the entire agreement between the parties. The clause must also state that the contract supersedes any previous agreements between the parties.

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Inefficiency exists in a market when a good is

ddd [48]

Answer:

d. being consumed by buyers who value it most highly."

Explanation:

Since the efficiency arises when optimal amount of each good and service is being produced and consumed in the economy.

Hence it can be said that inefficiency exists in the economy when a good not being consumed by the consumer who value it highly.

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3 years ago

Which of the following best describes the difference between a convertible bond and a warrant? Convertible bonds give the invest

levacccp [35]

Answer: Statement A

Explanation: Convertible bonds is a type of bond security which gives its holder the right to convert each bond to a specified number of shares. These are hybrid securities having features of both equity and debt.

Warrants are securities that give their holder the right to purchase the common shares of the company at a specified price and before a certain time period.

Thus, from the above explanation we can conclude that statement A is correct.

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3 years ago

Knappert Corporation makes one product and has provided the following information:

Alex_Xolod [135]

Answer:

$113.0

Explanation:

A. Cost of material (M):

$M=3*5.00\\M=\$15.00\ per\ unit$

B. Cost of Labor (L):

$L=24*2.80\\L=\$67.20\ per\ unit$

C. Manufacturing overhead (O):

$O=11*2.80\\O=\$30.80\ per\ unit$

D. Selling and administrative expense (S):

Those should not be included in the product cost.

Total cost per unit is:

$U = M+L+O= 15.00+67.20+30.80\\U=\$113.00$

The unit product cost is closest to: $113.00.

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3 years ago

Darryl’s credit card has a minimum monthly payment of 2.51% of the card’s balance. If Darryl currently owes $1,431.72, what is h

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The answer is D. $35.94

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3 years ago

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Samantha just purchased a new Samsung Galaxy cell phone. Soon after her purchase, she began seeing commercials for the newest iP

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Answer: Samantha is experiencing ''Cognitive dissonance''

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3 years ago