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Svet_ta [14]
1 year ago
12

actionow and becca enter into an oral contract in which becca agrees to work on a project for actionow’s living opportunities ce

nter for eighteen months. this contract is enforceable by
Business
1 answer:
JulsSmile [24]1 year ago
8 0

Based on the fact that ActioNOW and Becca entered into an oral contract where Becca agrees to work on a project for ActioNOW for eighteen months, the enforcers of this contract are d. none of the choices.

<h3>Who can enforce this contract?</h3>

This transaction between Becca and ActioNOW was an oral contract which means that it falls under the Statute of Frauds. However, for an oral contract to be enforceable under this Statute, the goods or services exchanged have to be less then $500 in value.

The services or goods also have to be less than 1 year in duration. Because Becca and ActioNow agreed for a contract of 18 months which is more than a year, this contract is not enforceable under the Statute of Frauds and so the government cannot enforce this contract.

Options include:

  • a. ActioNOW.
  • b. Becca.
  • c. any third party, such as ActioNOW’s clients.
  • d. none of the choices

Find out more on the Statute of Frauds at brainly.com/question/14854791

#SPJ1

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Answer:

3.22%

Explanation:

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To calculate this, we use the YTM formula.

Before we apply this formula, we write out the parameters which we were given in the question.

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YTM = [44 + (1100 – 1722.25)/30]/ (1100+1722.25)/2

YTM = 23.2583/1411.125

YTM = 1.61%

YTM = 1.61% x 2 = 3.22%

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notka56 [123]

Answer:

Doubtful

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3. Debit allowance for doubtful accounts and credit the corresponding receivables account when it is time to write off the account.

8 0
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