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
Gennadij [26K]
1 year ago
15

In the outpsider case, if cade tells the buyer, pat bennett, he has another offer of $550k, what should pat say?

Business
1 answer:
Novay_Z [31]1 year ago
4 0

pat should say I take that offer

<h3>What is offer?</h3>

The operation of offer and acceptance is a conventional technique in contract law since they are usually recognized as necessary elements for the establishment of a contract. The offer and acceptance formula, which was created in the nineteenth century, indicates a formation moment when the parties are of one mind.

An offer is made when a person shows his readiness to do or refrain from doing something to another person and obtains their approval to do so. The individual who makes the offer is referred to as the "Offerer" or "Promiser," and the person to whom the offer is made is referred to as the "Offeree" or "Promisee."

To know more about offer follow the link:

brainly.com/question/843074

#SPJ4

You might be interested in
What is demand? In your own word
pav-90 [236]

Answer:

Explanation:

Demand in business is the desire of consumers to purchase goods and services at the given prices.

5 0
2 years ago
Read 2 more answers
A company received a bank statement showing a balance of $78,000. Reconciling items included outstanding checks of $2,400 and a
Kisachek [45]

Answer:

Adjusted Bank Balance = $85,000

Explanation:

Adjustment of bank balance is a bank reconciliation procedure, that is used to match the amount in the bank statement with the amount in the company's balance sheet.

To adjust the bank balance, particulars that need to be subtracted or added to the bank statement balance has to be identified and treated accordingly.

For this example, the adjusted balance is calculated thus:

Adjusted bank balance = (Bank statement balance) - (outstanding checks) +(deposit in transit)

Adjusted Bank Balance = 78,000 - 2,400 + 9,400 = $85,000

Note:

outstanding checks are subtracted because they are payments to be made made by the company, representing a liability to the company (payer)

deposit in transit is an income to the company that has not been credited yet, but that will be credited.

3 0
3 years ago
Price is taken to be a given by an individual firm selling in a purely competitive market because.
snow_tiger [21]

Price is taken to be a given by an individual firm selling in a purely competitive market because each seller supplies a negligible fraction of total market.

Purely competitive market refers to a marketing situation in which there are a large number of sellers of a product which cannot be differentiated selling a standardized product and therefore, no single firm has a significant influence on the product price. It is characterized, furthermore, by ease of entry for new companies into the market and perfect market information. Hence, the sellers in such a market are considered to be price takers. Examples of purely competitive market are agricultural products such as wheat or corn.

Learn more about Purely competitive market:

brainly.com/question/15176320

#SPJ4

6 0
1 year ago
Pl lumber stock is expected to return 22 percent in a booming economy, 15 percent in a normal economy, and lose 2 percent in a r
LekaFEV [45]
                    Expected rate of return           Probabilities
Booming                22%                                    5%
Normal                  15%                                   92%
Recession               2%                                     3%

The expected rate of return on this stock is solved by multiply each expected rate of return to its corresponding probability and getting the sum of all products.

Booming: 0.22 x 0.05 =  0.011
Normal:   0.15 x  0.92 = 0.138
Recession 0.02 x 0.03 =<u> 0.0006</u>
Sum total                     0.1496  or 14.96% is the expected rate of return on this stock

3 0
3 years ago
A company has the following balances in its asset accounts: Cash, $750; Accounts Receivable, $125; Equipment, $2,000; Supplies,
SCORPION-xisa [38]
It would be, 750 + 125 + 2,000 + 875 so the company's total assets is  3,750$
Hope this helps!  
8 0
3 years ago
Read 2 more answers
Other questions:
  • Write 7÷10, 1÷3, 7÷12 and 8÷10 in order from least to greatest ​
    7·1 answer
  • What are the benifits of electric kitchens
    6·1 answer
  • You are working on a team whose mission is to reduce the time it takes to deliver customer orders Your team is examining all ste
    9·1 answer
  • Which of the following statements is correct? Managers will be more likely to pursue projects that will benefit the entire compa
    5·1 answer
  • Mark owns a 24-hour convenience store. Lately he has noticed that the liquor inventory purchases have gone up by huge amounts, a
    12·1 answer
  • The ________ reflects the opportunity costs of spending funds now versus achieving a return through another investment, as well
    7·1 answer
  • Your older sister, Anna is trying to figure out how she's going to pay for college in the Fall. Anna is going over her options w
    14·2 answers
  • Whole Grain Bakery purchases an industrial bread machine for $24,500. In addition to the purchase price, the company makes the f
    15·1 answer
  • Examples of mangers organizing
    6·2 answers
  • Company x receives $10,000 from issuing common stock to its owners. the effect on the accounting equation is a(n) _____. (check
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!