1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OverLord2011 [107]
1 year ago
12

At what point does an informal agreement become a binding

Business
1 answer:
pashok25 [27]1 year ago
7 0

Answer: When consideration is provided by one of the parties to the contract

Explanation:

Consideration must be given to make a contract legally binding.

You might be interested in
______ is held to respond to the uncertainties in demand and supply levels.
rusak2 [61]

Answer:

Safety Stock.

Explanation:

Safety Stock is held to respond to the uncertainties in demand and supply levels because it is an additional amount of a product or material which is generally held in an inventory to mitigate or lessen the risk that a product or material will become out of

stock.

In Business management, the safety stock can be calculated using the following formula;

<em>Safety stock = (Md * Ml) - (Ad * Al) </em>

Where;

Md = maximum daily usage.

Ml = maximum lead time in days.

Ad = average daily usage.

Al = average lead time in days.

3 0
3 years ago
1. Harley Davidson has its engine plant in Milwaukee and its motorcycle assembly plant in Pennsylvania. Engines are transported
Serggg [28]

Answer:

Company should load 1,479.9 motorcycles on each truck.

Explanation:

Cost per trip = $1,000

Demand for motorcycles = 300 per day

Cost per engine = $500

Holding cost =  20% of $500

                     = $100

Assuming that company plant works for 365 days in a year,

Annual demand = 300 motorcycles × 365 days

                           = 109,500 motorcycles

Economic\ order\ quantity\ for\ each\ truck=\sqrt{\frac{2DS}{H}}

where,

D = Annual demand in units

S = Set up cost per order

H = Handling cost per order

Economic\ order\ quantity\ for\ each\ truck=\sqrt{\frac{2\times109,500\times1,000}{100}}

=\sqrt{\frac{219,000,000}{100} }

\sqrt{2,190,000}

= 1,479.9

Thus, the company should load 1,479.9 motorcycles on each truck.

5 0
3 years ago
According to revised weight-loss prediction equations, a deficit of 10 kilocalories per day leads to an average weight loss of _
Nat2105 [25]
<span>According to revised weight-loss prediction equations, a deficit of 10 kilocalories per day leads to an average weight loss of one pound over a 3-year period. Also if you noticed that during your losing of weight program you slowed down, it means that you have to increase your physical activity to compensate for it.</span>
6 0
3 years ago
One type of systematic error arises because people tend to think of benefits in percentage terms rather than in absolute dollar
raketka [301]

Answer:

She is better off by $40,

Please kindly go through the explanation section for rest of the answers.

Explanation:

From the Question,

Grocery saving = 40%

Laptop saving = 2.5%

Absolute saving in grocery = $4

Absolute saving in Laptop =$10

Yes he should sacrifice 20 mins to save $10 since he does the same for less savings

Second case:

Since Ted is depositing money for only 6 months at 10% interest rate, he is giving up half his annual interest of (0.1*750)/2 = $37.5

Third case:

Interest accrued on student loan = 0.07*2000 = $140

Interest on credit card = $75 + (0.07*1500) = $180

She is better off by $40.

7 0
3 years ago
What is a Benefit of using good human relations
nadezda [96]

Answer:

One of the benefits of using good human relations is that it will help you with your social skills and you will adjust better to different situations.

Explanation:

You can be good at social situations.

4 0
2 years ago
Other questions:
  • If the price of Product E decreasing by 2% causes its quantity demanded to increase by 14% and the quantity demanded for Product
    11·1 answer
  • Closing Entries After the accounts have been adjusted at March 31, the end of the fiscal year, the following balances were taken
    5·1 answer
  • "which group of organizational participants has the most vague job description?"
    14·1 answer
  • On January 1, Parson Freight Company issues 8.0%, 10-year bonds with a par value of $3,200,000. The bonds pay interest semiannua
    15·1 answer
  • Aspen Company estimates its manufacturing overhead to be $515,000 and its direct labor costs to be $515,000 for year 2. Aspen wo
    15·1 answer
  • Suppose the market for computer chips is dominated by two firms: Intel and AMD. Intel has discovered how to make superior chips
    12·1 answer
  • Getting money to start and run a business is referred to as obtaining
    11·1 answer
  • ____1. The process of coordinating and overseeing the work performance of individuals working together in organizations, so that
    7·1 answer
  • An investor sold 100 shares of ran common stock short at $50 per share. the ran is now at $38. the investor is still bearish on
    11·1 answer
  • with price bundling, it is easy to know what the individual prices were before the products or services were bundled into a pack
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!