(b) Statue of frauds
<span>Statue of frauds is generally the requirement of particular
contracts to be in writing and signed by all parties involved in an agreement.
In the context of real estate, the statue of frauds protects tenants from
unfair eviction or tenancy termination. Similarly, it protects property buyers from
sellers’ “change of mind” or refusal to sell the property on the grounds that
the seller obtained a higher offer price from another interested buyer. However,
there are exemptions to the statue of frauds which vary from state to state. </span>
Answer:
Total sales tax payable:170, sales :2000
Explanation:
Sale price x sales tax rate = sales tax payable
2000 x .085 (6%+2.5%) = 170
it doesn’t say so I’m assuming that the 2,000 credit sale does NOT include the sales tax due.
Answer:1) Economy
2)The writing should be arranged on three subhead,prewriting,main writing and conclusion.
3) 15minutes
Explanation:in the first scenario, involves an intern,the cost to the customer,of the repair was not stated ,so the economy aspect wasn't addressed in the letter.
2) Business letters should follow a pattern,why,how and when.why tells the recipient the purpose if the letter while the How depicts how the writer intends to gather his thoughts on how to go about the writing.thus depend on the audience and the when is about when the to send the mail,it must be timely and must meet the requirements of the business.
3)The pre writing will take 15 minutes that is a quarter of an hour to put his thoughts together in writing.the pre writing is when the main ideas are pen down ,it is when the bulk of the work is done.every other aspect will depend on this stage
When identical units of an item are purchased at different costs: <span>an inventory cost flow method must be used under both a perpetual and a periodic inventory system.
A perpetual inventory system will update your inventory on hand after each sale or purchase of inventory is made. A periodic inventory system is updated periodically, meaning, a company will give a time period they would like their sales and purchases to update in and the system will perform that. Both systems are great for a business but it's their option of how they are generated.
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Answer:
Minimizing waste
Pareto efficiency
Explanation:
- This is a situation where waste from allocation of goods is reduced to the nearest minimum.
- This is when every economic good is optimally allocated across production and consumption so that no changes made to allocation can make any body better.
