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arlik [135]
1 year ago
14

the buyer has made an offer that the seller has accepted, and proper notice has been given to the buyer of the seller's acceptan

ce. the offer is now considered
Business
1 answer:
koban [17]1 year ago
7 0

In a case whereby the buyer has made an offer that the seller has accepted, and proper notice has been given to the buyer of the seller's acceptance. the offer is now considered executory contract.

<h3>What is an executory contract?</h3>

An executory contract can be described as the  ongoing agreement that  two parties entered to, whereby they are responsible for completing certain obligations at set period of time.

It should be noted that  this written agreements ensure each party is clear about their o responsibilities, hence In a case whereby the buyer has made an offer that the seller has accepted, and proper notice has been given to the buyer of the seller's acceptance. the offer is now considered executory contract.

Learn more executory contract at:

brainly.com/question/984979

#SPJ1

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What is the maximum amount a firm should pay for a project that will return $15,000 annually for 5 years if the opportunity cost
vampirchik [111]

Answer:

The firm should pay $46907.57 for the given project.

Explanation:

Given information:

Return = $15000 annually

Time = 5 years

Opportunity cost = 18%

The formula for payment is

PV=R(\frac{1}{OC}-\frac{1}{OC(1+OC)^t})

where, R is return, OC is opportunity cost, t is time in years.

Substitute R=15000, t=5 and OC=0.18 in the above formula.

PV=15000(\frac{1}{0.18}-\frac{1}{0.18(1+0.18)^5})

PV=46907.5653141

PV\approx 46907.57

Therefore the firm should pay $46907.57 for the given project.

8 0
2 years ago
uction Services started the year with total assets of and total liabilities of . The revenues and the expenses for the year amou
VARVARA [1.3K]

Answer: $20,000

Explanation:

Net Income is the amount from revenue that the company made over expenses. It is therefore;

= Revenue - Expenses

= 110,000 - 90,000

= $20,000

<em>Note: Dividends are not considered in the calculation of Net Income as they are not expenses. </em>

8 0
3 years ago
Traders from the faraway nation of Chplandia have brought infected goods to market in the capital of Pcoria. As a result, a new
jek_recluse [69]
The implied quality weight is 6/10 = 0.6. A year lived with chpitis scars is only 60% as satisfying as living a year in full health.
8 0
3 years ago
Problems and Applications Q2 Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per
kari74 [83]

Answer:

$550,000

Explanation:

Based on the information given the OPPORTUNITY COST OF RUNNING THE HARDWARE STORE will be $550,000 ($500,000+$50,000), which include the amount of $500,000 which is the cost of renting the store as well as to the cost to buy the stock while the $50,000 is her salary as an Accountant, reason been that she would QUIT HER JOB as an accountant in order for her to run the store.

Therefore the OPPORTUNITY COST will be $550,000

3 0
2 years ago
A recent study found that the death rate for people who sleep 6 to 7 hours per night is lower than the death rate for people who
vaieri [72.5K]

Type of employment, indicator for chronic illness, drug, or alcohol use these variables are likely useful to add to the regression to control for important omitted variables.

What is sleep pattern?

The word sleep pattern, commonly referred to as a sleep-wake pattern, refers to a person's schedule for going to bed and getting up as well as their napping habits. The frequency and length of sleep disruptions may also be part of the sleep pattern.

Type of employment, Chronic illness and drug/alcohol use they ought to be included in regression since they disturb sleep patterns.

As a result, option (a) Type of employment. (b) Indicator for chronic illness. (c) Drug or alcohol use is correct.

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3 0
2 years ago
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