Answer:
the payment of the insurance premiums
Explanation:
Consideration in contract law refers to an exchange of something of value, e.g. I pay $5 in exchange for a hamburger.
In insurance contracts, consideration provided by the insured refers to paying the insurance premium. Consideration provided by the insurance company is the promise to pay in case of a covered loss.
I took this question already, so if it was
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Often, when both parties to a contract are mistaken as to the same material fact, either party can rescind the contract.
It would be "True"
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Answer: Human factor research
Explanation:
From the question, we are informed that a manager of a bank branch is concerned about the number of mistakes the tellers were making, so he started manipulating different aspects of the environment in the bank to see what effect each has on the tellers' performance.
We are further told that he examined factors such as the lighting, temperature, and the volume of the music playing in the bank.
He's using the human factor research approach. Here, the capabilities of human beings are determined through strength, vision, flexibility etc.
Answer:
If the environment changes then the businesses will make products you need in that environment so consumers will buy more of that product because they need it. For example, if it's summer you need new summer clothes so companies will start to make summer clothes so people will buy them instead of winter or fall clothes because of the environment. So businesses are getting money and the consumers are getting what they need or want.
$12120 is the annual amortization expense
<u>Explanation:</u>
The following formula is used to calculate the annual depreciation expense that will be recorded in the books of accounts
Depreciation = ( cost of the asset minus salvage value) divide by number of years.
Given data in the question: number of years = 10, cost of the asset = $124000, salvage value = $28000
Putting the figures in the formula,
Depreciation expense = ($124000 minus $28000) divide by 10
After solving, we get = $12120
Thus, annual depreciation expense = $12120
